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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...

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Israel’s 12-Day Air Campaign Delivers Major Blow to Iran’s Nuclear Program, Official Claims

In the aftermath of a 12-day military campaign, a senior Israeli official has claimed that Israel’s air force killed over 30 Iranian security chiefs and 11 nuclear scientists, striking more than 900 targets across Iran. The operation, which began on June 13, was described as a strategic effort to cripple Iran’s nuclear capabilities and missile infrastructure.

According to the official, the opening strike severely damaged Iran’s aerial defenses, giving Israel a critical early advantage. The campaign reportedly neutralized Iran’s ability to enrich uranium to weapons-grade levels and disrupted its capacity to produce a nuclear weapon core.

Iran, which denies pursuing nuclear weapons, responded with missile barrages targeting Israeli military sites and cities. While Iranian authorities reported 627 deaths, including top commanders and civilians, Israeli officials stated that 28 people were killed in Israel during the conflict.

The war concluded with a U.S.-brokered ceasefire. In Tehran, massive funeral processions were held for the fallen, including high-ranking Revolutionary Guard leaders and nuclear scientists, underscoring the scale of the losses.

The long-term implications of the strikes remain uncertain, but Israeli defense leaders have signaled intentions to maintain air superiority and prevent Iran from rebuilding its nuclear and missile programs.

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