Skip to main content

Featured

Wall Street Stays Resilient as Nasdaq Hits Record Amid Tariff Turbulence

  Markets defy trade jitters with mixed performance Wall Street wrapped up the week with a show of resilience, as the Nasdaq Composite edged to a fresh record close , buoyed by strong tech earnings and steady economic data. The S&P 500 posted a modest weekly gain , while the Dow Jones Industrial Average slipped 0.3% , reflecting investor caution amid escalating tariff tensions. Despite President Trump’s push for 15% to 20% blanket tariffs on European Union imports , markets largely shrugged off the geopolitical noise. Economic indicators, including a sharp drop in inflation expectations from the University of Michigan’s consumer sentiment survey, helped soothe investor nerves. Netflix’s earnings beat failed to impress, dragging its stock lower, while American Express posted strong results , signaling continued spending strength among affluent consumers. Meanwhile, CRISPR Therapeutics surged 17% after a major insider stock purchase, and Bitcoin briefly topped $118,000 befor...
Post a Comment
Read more

article

Labels

Gaza Reels from Israeli Strikes as Ceasefire Talks Gain Momentum

At least 60 Palestinians were killed in a series of Israeli airstrikes across Gaza late Friday into Saturday, according to health officials, as diplomatic efforts to broker a ceasefire appear to be gaining traction.

The strikes targeted multiple locations, including a shelter near Palestine Stadium in Gaza City and residential buildings, resulting in dozens of casualties. Hospitals in Gaza, including Shifa and Nasser, reported receiving scores of bodies, many of them women and children.

The escalation comes amid growing international pressure to end the 21-month-long conflict, which has claimed over 56,000 Palestinian lives, according to Gaza’s Health Ministry. U.S. President Donald Trump stated on Friday that a ceasefire agreement could be reached “within the next week,” signaling renewed diplomatic engagement.

Meanwhile, humanitarian conditions in Gaza continue to deteriorate. Food supplies remain critically low, and aid distribution has been hampered by looting and violence. Despite limited aid trickling in since mid-May, many Palestinians remain without access to basic necessities.

As negotiations resume, families of hostages and civilians alike await a breakthrough that could bring an end to the suffering on both sides.

Labels:

Comments

Post a Comment