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Wall Street ended sharply lower on Friday, with the S&P 500 closing at its lowest in six months, as the US-Israeli war against Iran entered its fourth week, deepening worries about inflation and the potential for higher interest rates. The conflict in the Middle East showed no signs of easing. The US military was deploying an amphibious assault ship with thousands of additional Marines and sailors to the Middle East, while Iran’s new supreme leader hailed Iran’s “unity” and “resistance”. “The market is finally settling into the idea that this may go on longer than initially expected, and I think that’s why markets are selling off. This conflict may go on not for just a few weeks, but maybe beyond several months,” said Jake Dollarhide, CEO of Longbow Asset Management in Tulsa, Oklahoma. Magnificent 7 companies fall Wall Street’s most valuable companies dropped, with Nvidia and Tesla losing over 3pc each. Alphabet, Meta Platforms and Microsoft were all down about 2pc. US Treasuries fell for a third session, in ...
For Lebanese Muslims, there was little to celebrate on Friday during Eidul Fitr as a displacement crisis prompted by Israeli strikes and fears for the future cast a dark shadow over the end of Ramazan. Eid this year has been dampened by fallout from the war that began with the US and Israel launching strikes on Iran. With fighting going on between Hezbollah and Israel as well, Lebanon has also been dragged into the regional conflict. A displaced child from Beirut’s southern suburbs looks on from inside a van on the day worshippers attend Eid prayers to mark the end of Ramazan, following an escalation between Hezbollah and Israel amid the US-Israeli war on Iran, in Beirut, Lebanon, March 20, 2026. — Reuters Israel’s strikes across Lebanon’s south, east and its capital Beirut have killed more than 1,000 people and the Israeli military’s evacuation orders have forced more than a million people to flee their homes. In downtown Beirut, displaced Lebanese tried to shield themselves from bouts of heavy rain on Frida...
KARACHI: The Pakistan Meteorological Department (PMD) on Friday forecast rain in Karachi and other parts of Sindh for tomorrow, when the country will celebrate the first day of Eidul Fitr. In its daily weather forecast, the weather body said a westerly wave was “continuously affecting” most parts of the country. It said “rain/thunderstorm with strong winds” was likely in Karachi Division and various other Sindh districts tomorrow. The same was forecast for Larkana, Qambar-Shahdadkot, Shikarpur, Jacobabad, Sukkur, Jamshoro, Hyderabad, Thatta, Sujawal, Badin, Matiari, Umerkot, Mirpurkhas, Naushahro Feroze, Shaheed Benazirabad and Dadu districts. However, in a three-day weather outlook for Karachi, the PMD said the weather in the city tomorrow was expected to be “mostly cloudy with chances of isolated thunderstorm/rain at outskirts”. Daytime temperatures will range between 29 and 31 degrees Celsius, while night temperatures could drop to as low as 17-19°C. Humidity levels in the morning were expected to remain b...
Forced by yet another Israeli bombardment on Lebanon to flee his home for the second time in just two years, and mourning lost relatives and friends, Hassan Kiki said he feels much older than 16. “War has aged us… We have lived through what no one else has,” the tall teen from south Lebanon told AFP in Beirut. “I miss my school, my friends… I lost two cousins and two friends in a massacre in Shehabiyeh,” he added, referring to a deadly Israeli strike in his town that killed at least seven people on March 11. Kiki is among more than a million people Lebanese authorities have registered as displaced since the country was drawn into the Middle East war on March 2. On that day, Hezbollah launched rockets towards Israel to avenge the assassination of Iran’s supreme leader Ayatollah Ali Khamenei. Israel, which never stopped bombing Lebanon despite a 2024 truce that sought to end the last fighting with Hezbollah, responded with widespread strikes, ground operations along the border, and an evacuation warning for swa...10418 items