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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Tragedy in Graz: Austrian School Shooting Claims Lives


A devastating school shooting in Graz, Austria, has left at least nine people dead, including the suspected gunman. The attack took place at BORG Dreierschützengasse High School, located near the city’s historic center. Authorities confirmed that the shooter acted alone and was later found deceased.  

Emergency responders rushed to the scene following reports of gunfire at 10 a.m. local time. Special forces were deployed, and the school was swiftly evacuated. Police later announced that the situation had been secured and that there was no further danger to the public.  

Austrian Chancellor Christian Stocker called the incident a “national tragedy”, expressing deep sorrow for the victims and their families. President Alexander Van der Bellen echoed these sentiments, emphasizing the profound loss of young lives and the impact on the community.  

Authorities are continuing their investigation into the shooter’s motives and background. The incident has reignited discussions about Austria’s gun laws, which allow certain firearms to be purchased without a permit.  

The city of Graz, known for its rich history and vibrant culture, is now mourning the loss of innocent lives in one of Austria’s deadliest school shootings.  

For more details, you can read the full report [here](https://www.msn.com/en-ca/news/world/a-school-shooting-in-the-austrian-city-of-graz-leaves-9-people-and-the-suspected-gunman-dead/ar-AA1Gq0Mq).

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