Skip to main content

Featured

Netanyahu Declares Israel’s Commitment to Peace in Historic Knesset Address

                                                       Israeli Prime Minister Benjamin Netanyahu  Israeli Prime Minister Benjamin Netanyahu delivered a landmark speech in the Knesset on October 13, 2025, declaring that Israel is “committed to this peace” as part of a U.S.-brokered agreement that has brought a fragile but hopeful calm to the region. Speaking alongside U.S. President Donald Trump, Netanyahu praised the release of all 20 surviving hostages held by Hamas, calling it a turning point after nearly two years of devastating conflict. He reflected on the October 7, 2023, Hamas-led attack that ignited the war, emphasizing Israel’s resilience and determination to defend its people. “This day marks not only the end of two years of war, but the beginning of a new chapter,” Netanyahu told lawmakers, framing the cea...
Post a Comment
Read more

article

Labels

Stock Market Today: Dow Extends Slide as Lackluster Earnings and Rate Fears Weigh on Investors’ Spirits

 

US stocks faced further losses on Thursday, with lingering concerns about higher-for-longer interest rates and a Salesforce sell-off dampening investor spirits. Here are the key points from today’s market:

  1. Dow Jones Industrial Average (DJI): The Dow sank as much as 1%, shedding roughly 380 points, following Wednesday’s stock market slide. The tech-heavy Nasdaq Composite (IXIC) dropped about 0.6%, while the broader S&P 500 (GSPC) fell 0.5%.

  2. Interest Rate Worries: Renewed gloom about the odds for rate cuts contributed to the stock market decline. Data showed less cooling in inflation than the Federal Reserve desires, driving US bond yields to their highest levels since early May. The benchmark 10-year Treasury yield hovered around 4.6%.

  3. Salesforce Results: Salesforce (CRM) reported that sales growth would stall to the slowest rate in its history, causing its shares to slide 15%. This sparked concerns about likely losers in the AI boom.

  4. US Economic Growth: The Bureau of Economic Analysis revised the first-quarter US gross domestic product (GDP) growth rate to 1.3%, down from the initial reading of 1.6% in April.

  5. Retail Earnings: Retailers Kohl’s (KSS) and Best Buy (BBY) provided clues to consumer resilience and economic health. Kohl’s shares cratered after a surprise quarterly loss and a cut to its annual sales forecast, while Best Buy posted a bigger drop in comparable sales than expected.

Despite these challenges, investors remain watchful for any signs of economic recovery and potential market shifts. 



Labels:

Comments

Post a Comment