Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Fears of Potential Iranian Attack Drive US Stocks Down Nearly 500 Points
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
By mid-afternoon, the Dow had fallen
1.4%, the S&P 500 went down 1.6%,
and the Nasdaq dropped 1.8%.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The dip came after the White House announced
that both the U.S. and Israel are on alert for
a potential attack by Iran or its allies.
The warning comes after Iran
accused Israel of a deadly airstrike
on a consulate in Damascus, Syria.
.
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza.
.
The news also sent oil prices up amid
fears of regional tensions escalating
as a result of the ongoing war in Gaza.
.
Brent crude futures jumped up to $90.42
a barrel, and West Texas Intermediate crude
futures increased to $86.65 a barrel.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
Those geopolitical concerns and subsequent
rising oil prices sent investors to safe havens like
gold futures, which rose to $2,379 a troy ounce.
CNN reports that Americans' opinions of
the economy have dipped in the past few
months amid persistently high inflation.
The geopolitical fears come as investors are already
contending with concerns that the Federal Reserve could
wait to bring interest rates down from a 23-year high.
Officials at the Fed have signaled that further rate
hikes could still be on the way if the central
bank's efforts to fight inflation stall.
The United States is sounding the alarm as Israel faces the threat of significant attacks this week. White House National Security Communications Advisor John Kirby has issued a stark warning, emphasizing the need for preparedness against potential strikes by Iran or its proxies. In a joint statement, President Biden, along with leaders from the UK, France, Germany, and Italy, called on Iran to halt its threats against Israel. The situation in the Middle East remains volatile, with Israel already retaliating against Hamas and Hezbollah commanders following recent escalations. As tensions rise, world leaders stress the urgent need for a ceasefire and the delivery of humanitarian aid. Watch as we delve into the latest developments and the global response to the escalating crisis.
#IsraelUnderThreat #MiddleEastCrisis #IranVsIsrael #USPreparedness #GlobalSecurity #TensionsRise #BreakingNews #CeasefireNow #IsraelDefense #InternationalRelations
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In a surprising revelation during his interview with Elon Musk, former President Donald Trump has claimed that between 50 and 60 million people are illegally crossing U.S. borders from various regions including Africa, Asia, and the Middle East. This statement has ignited a firestorm of discussion around immigration and border security. Tune in to explore Trump's claims, their implications for U.S. immigration policy, and what this could mean for future border management. Don't miss this in-depth analysis of one of Trump's most controversial statements yet!
#DonaldTrump #ElonMusk #BorderCrisis #IllegalImmigration #USBorders #TrumpInterview #ImmigrationPolicy #PoliticalNews #BorderSecurity
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Sir Keir Starmer has spoken with the Iranian president as part of international efforts to de-escalate tensions in the Middle East, Sky News understands. Sky News
In a shocking revelation, the Israeli Ministry of Military Affairs reports that over 10,000 Israeli forces have been affected by trauma in the ongoing Gaza conflict. The report highlights severe physical injuries, with 37% of troops suffering from limb trauma and 35% diagnosed with PTSD. Since the war began on October 7 last year, more than 300 Israeli forces have died. This escalation, which began as a response to the al-Aqsa Storm operation by Gaza’s resistance groups, has led to nearly 40,000 Palestinian deaths, predominantly women and children. As Israeli authorities release casualty figures sparingly, questions arise about whether the true cost of the war is being hidden. Hamas demands a ceasefire and the return of captives, while Israeli Prime Minister Benjamin Netanyahu vows to continue until Hamas is eliminated—a goal deemed impossible by many. Explore the impact of this ongoing conflict and the controversy surrounding the reporting of casualties.
#GazaWar #IsraeliMilitary #TraumaReport #PTSD #WarCasualties #IsraelVsGaza #MilitaryImpact #Hamas #ConflictReport #MiddleEastCrisis #HumanCost #UnderreportedCasualties
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In response, Putin reaffirmed Russia's support for the creation of a Palestinian state and stressed that their position on a peaceful settlement with Israel remains unchanged.
Credit: euronews (in English) Duration: 01:00Published
The Israeli military said that two rockets were launched from the Gaza Strip, with one landing in the sea off central Israel and the other failing to enter Israeli territory.
Credit: euronews (in English) Duration: 01:05Published
A recent earthquake in central Syria has stirred distressing memories of last year's devastating tremor, although it has had only a minor impact this time around. Measuring 5.5 on the Richter scale and striking 28 kilometers east of Hama, the quake was also felt in Damascus and Beirut, prompting residents to take to the streets in fear of aftershocks. The US Geological Survey has confirmed the quake’s magnitude as 5.0 with a depth of 10 kilometers. Fortunately, local authorities have reported no deaths or significant damage following the event, providing some relief amidst ongoing regional anxieties.
#EarthquakeinSyria #EarthquakeinLebanon #DamascusEarthquake #BeirutEarthquake #Hamaearthquake #oneindia #oneindianews
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Lebanon is expecting a retaliatory strike from Israel after a missile hit a football field in the town of Majdal Shams in the Israeli-annexed Syrian Golan Heights over the weekend, killing 12 children and adolescents.
Credit: euronews (in English) Duration: 01:28Published
In a dramatic escalation of regional conflict, the Israeli regime has launched a new wave of strikes against Lebanon, targeting several southern Lebanese towns. The strikes, conducted on Monday, hit areas including Houla, Markaba, Aita al-Shaab, Khiam, Shaheen, Yaroun, Mays al-Jabal, Kfarkela, and Bourj al-Shamali. This action marks the second extensive raid on Lebanon since Saturday, following a deadly rocket attack in Syria’s Golan Heights that claimed at least 12 lives.
#IsraelMissileBlitz #LebanonInFlames #HezbollahConflict #MiddleEastTensions #SouthernLebanonStrikes #RegionalConflict #MissileAttack #LebanonCrisis #HezbollahResponse #EscalatingTensions #WarInMiddleEast #IsraelStrikes #ConflictUpdate #LebanonNews #HezbollahResistance
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Join us as we delve into the grandeur of Russia's Navy Day Parade 2024 held in St. Petersburg. This year's event featured over 200 ships, including small missile and anti-submarine vessels, and more than 100 pieces of combat equipment. Sailors from the Northern, Pacific, Baltic, and Caspian Fleets, along with the Russian naval base in Syria, participated in the festivities. International ships from China, Algeria, and India also joined the parade, highlighting global naval cooperation. Russian President Vladimir Putin attended the parade, delivering a powerful speech praising the Navy and pledging to bolster its capabilities with hypersonic missiles, enhanced coastal infrastructure, and advanced air defense systems.
#RussiaNavyDay #NavalParade #StPetersburg #PutinSpeech #NavalPower #MilitaryParade #HypersonicMissiles #GlobalNavalCooperation #RussianNavy #InternationalRelations
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In a deadly airstrike early Sunday, Israeli aircraft targeted military installations and a residential building in the southwestern part of Damascus, resulting in the death of one Syrian soldier and injuring three others. The attack took place in the Kafr Sousa neighbourhood, according to Syria's official news agency, SANA. A military source reported that the Israeli aerial assault occurred shortly after midnight, with missiles launched from the direction of the occupied Syrian Golan Heights. "The Israeli enemy carried out an aerial aggression while our Syrian Arab Army’s air defence systems intercepted and downed some of the missiles," the source stated.
#IsraelAirstrike #DamascusAttack #SyriaConflict #MiddleEastTensions #MilitaryStrike #SyrianArmy #Casualties #GazaConflict #Hezbollah #GolanHeights #HumanitarianCrisis #GlobalSecurity #PoliticalViolence #MiddleEastNews #InternationalRelations
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The swap happened despite strained relations between Washington and Moscow, worsened by Russian President Vladimir Putin’s full-scale invasion of Ukraine in February 2022.
Credit: euronews (in English) Duration: 01:30Published
A tragic mass shooting at Maplewood Park in Rochester, New York, has left one person dead and six others injured, igniting a nationwide debate on the safety of public spaces. As communities grapple with the fear of such incidents, many Americans are questioning whether it is safe to go out anymore. Join us as we delve into the details of this heartbreaking event, the response from law enforcement, and the broader implications for public safety in the United States.
#MassShooting #RochesterShooting #PublicSafety #MaplewoodPark #GunViolence #SafetyConcerns #BreakingNews #CommunitySafety #RochesterNews #StaySafe
In a critical prime-time address, President Joe Biden urges Americans to reject political violence and resolve their differences peacefully following the attempted assassination of former President Donald Trump. Highlighting the importance of civility in political discourse, Biden calls for unity and condemns the normalization of violence. Watch his powerful message and join the discussion on how we can heal as a nation.
#BidenSpeech #RejectViolence #Unity #TrumpAssassinationAttempt #PoliticalDiscourse #AmericanDemocracy #DonaldTrumpAssassination
Speaking in the Oval Office, Biden said passions were running high on both sides and the stakes of the election were enormous but that violence was not the answer, adding "We can do this".
Credit: euronews (in English) Duration: 02:23Published
Middle-Aged Americans Are, Underprepared for Retirement, , Study Finds.
'Newsweek' reports that people in the United States
who are approaching retirement age may be critically
underprepared when it comes to their savings.
According to Prudential Investments, Americans around
the age of 55 are facing a "midlife retirement crisis,"
lacking the funds for a comfortable post-working life. .
A recent survey by the major insurance
provider found the average retirement
savings of a 55-year-old to be $47,950. .
This falls significantly short of the recommended
goal of having eight times a person's annual
income saved by the time they reach 55. .
According to the survey, 57% of 55-year-olds
said they expected to outlive the funds
they have currently managed to save.
That's compared to 59%
of 65-year-olds and
52% of 75-year-olds.
The survey also found that one-third of 55-year-olds
and 43% of 65-year-olds have already been forced
to postpone retirement due to inflation.
Attention today is rightly centered on
the approximately 11,000 65-year-olds
entering retirement every week, but we
must also focus as an industry on the
opportunity to help a slightly younger
generation of workers entering the
critical 10-year countdown to retirement, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'.
Further, the financial futures
of certain cohorts—such as
women—are especially precarious, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'.
The upside is that, with the right
planning and strategy to protect
their life's work, we can ensure
this generation is well-prepared
to live not only longer, but better, Caroline Feeney, executive vice president and head
of Prudential's U.S. Businesses, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Another bad look for the former director of the Secret Service ... Kimberly Cheatle wanted to destroy the cocaine found last year at the White House ... after a.. TMZ.com
U.S. journalist Evan Gershkovich and ex-U.S. Marine Paul Whelan returned to the United States on Thursday, hours after being freed from Russian detention in the biggest prisoner exchange between the two countries since the Cold War.,The White House said it negotiated the trade with Russia, Germany and three other countries. The deal, worked on in secrecy for more than a year, involved 24 prisoners - 16 moving from Russia to the West and eight sent back to Russia from the West.
#HistoricPrisonerExchange #Gershkovich #Whelan #U.S #Russia
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Netanyahu's first visit to the White House since 2020 comes a day after he gave a fiery speech to Congress in which he vowed "total victory" against Hamas and denounced American opponents of the war in Gaza as "idiots".
Credit: euronews (in English) Duration: 02:21Published
Annual inflation in the US fell to 2.9% last month, officials have said - heightening expectations that the Federal Reserve will cut interest rates in September. Sky News
New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. .
Housing starts dropped 5.5%,
and building permits dipped 3.8%.
Home completions also fell to the lowest amount since September 2022.
High interest rates, set by the Fed to help tame inflation, have resulted in high mortgage rates.
But recent data has suggested that inflation has started to cool, which may give the Fed the confidence it needs to lower rates.
The weakest U.S. housing starts
since the pandemic-led shutdowns
are fairly convincing evidence of
restrictive monetary policy. , Sal Guatieri, senior economist at BMO Capital Markets, via note.
While a growing population and
workforce are providing some support,
US home builders won’t become
busier until borrowing costs fall, Sal Guatieri, senior economist at BMO Capital Markets, via note.
Meanwhile, other data released on June 20 showed that first-time applications for unemployment benefits dropped last week.
However, continuing claims rose
for a seventh consecutive week
Credit: Wibbitz Top Stories Duration: 01:30Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
Tensions rise as Israel awaits potential retaliation from Iran following an attack on the embassy in Damascus. With heightened security measures and warnings against travel, the region remains on edge...
US President Joe Biden Vows 'Ironclad' Support For Israel Amid Iran Attack Fears. Fears Rise That Tehran Could Launch Reprisalsagainst Israeli Attack. Iran Is Threatening To Launch A..
American agencies have warned Israel of potential Iranian retaliation within 48 hours following an alleged Israeli airstrike on an Iranian consulate in Syria. Concerns grow over US troops' safety amid..
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