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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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Wall Street Split: Dow Climbs as Tech Retreats on Rate-Cut Jitters


US markets closed mixed on Wednesday, with the Dow Jones Industrial Average eking out a modest gain while the S&P 500 and Nasdaq Composite slipped amid renewed pressure on technology stocks.

  • Dow Jones Industrial Average: edged higher, buoyed by strength in industrial and healthcare names.
  • S&P 500: fell 0.2%, reflecting broader market caution.
  • Nasdaq Composite: dropped 0.7%, extending a tech-led sell-off that began earlier in the week.

The downturn in tech came as investors reassessed the sustainability of the AI-driven rally and rotated into more defensive sectors. Heavyweights like Alphabet, Amazon, and Apple all lost over 1%, while chipmaker Micron tumbled nearly 4%.

Adding to the uncertainty, minutes from the Federal Reserve’s July meeting revealed a split among policymakers, with most favoring a steady rate stance despite signs of a cooling labor market and persistent inflation.

Retail earnings also shaped sentiment. Target reported a profit beat but warned of ongoing consumer and tariff pressures, sending its shares down 6%. Walmart results are due Thursday, with investors watching for further clues on consumer resilience.

All eyes now turn to Fed Chair Jerome Powell’s upcoming remarks at the Jackson Hole symposium, which could offer fresh signals on the timing of potential rate cuts.


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