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Turkey Steps Up Regional Defenses With Planned Missile Deployment to Cyprus

                                                         A Hisar-A system being fired Turkey is reportedly preparing to deploy Hisar surface‑to‑air missile systems to Cyprus, marking a significant escalation in regional military posturing amid ongoing Middle East tensions.   Turkey is moving to bolster its military presence in Cyprus by deploying Hisar surface‑to‑air missile systems, according to reports from Turkish media. The move comes as regional tensions continue to rise due to ongoing conflict in the Middle East.  The planned deployment follows the recent stationing of six Turkish F‑16 fighter jets at Ercan (Tymbou) airport in Northern Cyprus earlier in the week. These aircraft, along with the incoming missile systems, are part of Ankara’s broader strategy to enhance security for the Turkish Republic o...
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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 before retreating as the crypto market hit a $4 trillion milestone.

As Wall Street digests mixed signals from earnings and trade policy, the market’s ability to hold near record highs suggests investors remain cautiously optimistic about the economic outlook.

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