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Global Markets Rattle as Oil Spikes and U.S. Futures Sink Amid Escalating Middle East Conflict

  Markets are sliding as geopolitical tensions intensify, with U.S. stock futures turning sharply lower and oil prices surging above the $100 mark. Investors are reacting to escalating conflict in the Middle East, which is raising fears of disrupted energy supplies and renewed inflation pressures.  Market Overview Dow Jones futures fell roughly 0.8% , extending a multi‑day downturn. S&P 500 and Nasdaq futures each slipped about 0.6% , paring earlier, deeper losses.  The declines reflect mounting investor anxiety as geopolitical risks overshadow recent economic data. Oil Surges on Supply Fears Crude oil spiked above $100 per barrel before easing slightly. The surge followed Iran’s expanded attacks on energy infrastructure , prompting Iraq to close key oil terminals after tanker strikes.  Higher oil prices are stoking concerns about inflation , complicating expectations for future Federal Reserve policy. What’s Driving the Selloff The widening Mi...
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Stalemate Deepens as Shutdown Hits Day 3, Trump Warns of Mass Layoffs

                    The Capitol building is closed to visitors during the federal government shutdown.

The U.S. government shutdown entered its third day on Friday with no breakthrough in sight, as both parties remained entrenched in their positions. The Senate once again failed to advance competing proposals to reopen the government, leaving hundreds of thousands of federal workers furloughed and critical services disrupted.

President Donald Trump escalated tensions by threatening mass layoffs across federal agencies, signaling that the shutdown could be used to permanently cut programs he has labeled “Democrat agencies”. White House officials suggested that thousands of federal employees could lose their jobs if the standoff continues.

Democrats have insisted that any funding bill must restore cuts to Medicaid and extend Affordable Care Act subsidies, while Republicans have refused to concede on those demands. Meanwhile, the House of Representatives announced it will not reconvene until mid-October, further delaying any potential resolution.

With both sides unwilling to compromise, the shutdown appears poised to stretch into next week, raising concerns about broader economic fallout and the long-term impact on federal workers and public services.


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