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Wall Street Rises as Trade Negotiations Offer Market Calm

Wall Street edged higher in premarket trading on Wednesday, buoyed by investor optimism surrounding ongoing trade negotiations. The Trump administration’s recent extension of tariff deadlines to August 1 has eased immediate market anxieties, allowing traders to refocus on earnings and economic data. The S&P 500, Nasdaq, and Dow futures all posted modest gains, with the Dow E-minis up 127 points and Nasdaq E-minis rising 47.25 points. This uptick follows a volatile stretch triggered by sweeping tariff threats aimed at key U.S. trading partners, including Japan and South Korea.  “Markets have gotten used to how Trump negotiates,” said Ross Bramwell, strategist at Homrich Berg, noting that investors are now betting on a softer outcome from the aggressive opening stance. Meanwhile, European and Asian markets showed mixed reactions. Japan’s Nikkei and South Korea’s Kospi posted gains, while Hong Kong’s Hang Seng dipped amid uncertainty over China’s response. Investors are also eyein...

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Texas Flood Tragedy Deepens as Search Efforts Dwindle

As floodwaters recede across Texas, communities are left grappling with devastating loss. The official death toll from the catastrophic floods now stands at approximately 100, with dozens still missing. Emergency responders, who worked tirelessly for days, are beginning to scale back operations amid diminishing hope of finding additional survivors.

The storms, which began earlier this month, unleashed torrential rain that overwhelmed rivers and drainage systems, submerging entire neighborhoods. Rescue efforts, hampered by dangerous conditions and widespread infrastructure damage, have transitioned into recovery missions as search teams face increasingly grim odds.

Local officials have urged residents to remain vigilant as cleanup begins, warning of lingering health risks and unstable ground. Aid organizations continue to distribute essential supplies, while grief-stricken families gather in churches and community centers to mourn those lost.

Governor Natalie Ruiz addressed the state in a solemn press briefing yesterday: "Our hearts are broken, but Texas is strong. Together, we will rise through the heartbreak and rebuild what nature has taken."

Though the skies have cleared, the emotional storm will take far longer to pass. For now, candles flicker in windows across the state—silent tributes to those who may never come home.


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