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U.S. stocks dropped, with the Nasdaq losing over 1%, as investors grew cautious after Iran fired missiles at Israel. Energy and defense stocks rose, while airlines fell. The Dow, S&P 500, and Nasdaq all declined. Market volatility increased and traders speculated on future Federal Reserve rate actions. Investors were also wary of upcoming job data and ongoing port strikes.
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News and Media
Bangladesh's National Board of Revenue has discontinued mandatory 100% physical inspection of Pakistani imports, raising concerns about potential illegal transfers of arms and contraband. Instead, Pakistani goods will be examined based on risk assessment. Imports from Pakistan include raw materials for the garment industry, among other goods.
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News and Media
A month before the US presidential election, Vice President Harris and Trump confront crises including Middle East tensions, a deadly hurricane, and a nationwide dockworkers' strike. Trump blames Harris and Biden, while both campaigns try to manage the situations amidst critical swing state concerns.
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News and Media
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