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Jtie WATCH: Biden urges COVID-19 booster shots for those now eligible
NEW YORK 鈥?Stocks rose in morning trading on Wall Street Friday, but are still headed for another week of declines following a massive pullb stanley cup ack two days ago.The S 038 500 rose 0.3% as of 10:14 a.m. Eastern, but it is still solidly on track for its seventh straight weekly decline after getting close to entering a bear market this week. The Dow Jones Industrial Average rose 48 points, or 0.2%, to 31,301 and the Nasdaq rose 0.3%.All three are headed for drops of 2% or more for the week.Health care and technology stocks made broad gains. Pfizer rose 3.6% and Apple rose 1%. The tech sector has been particularly choppy and prompted many of the big swings in the market throughout the week.Bond yields edged lower. The yield on the 10-year Treasury fell to 2.83% from 2.85% late Thursday.The stock market remains stuck in a slump amid worries about how inflation is squeezing businesses and consumers. Investors are also concerned about the Federal Reserve plan to stanley cup aggressively raise interest rates and whether that will help temper inflation impact or crimp growth too much and send the economy into a recession.Concerns about inflation have been growing heavier with Russia invasion of Ukraine pushing energy and some key food commodity prices higher. China, the world second-largest economy, took a renewed hit from lockdowns in ke stanley cup y cities because of COVID-19 cases, but a surprise interest rate cut from the Chinese government has at least temporarily eased so Ywis U.S. to grant refugee status to some child migrants
A new front is opening in the Syrian civil war, and a turning point, it seems, is coming for U.S.-Turkey relations. Long-simmering tensions between the two NATO allies have boiled over in recent weeks over the U.S. arming and supporting Kurdish militia in the fight against ISIS in Syria. It follows the U.S. announcement of its plans to create a Kurdish-led border force of 3 stanley cup 0,000 fighters inside Syria, who are linked to Kurdish stanley cup insurgents known as the PKK in Turkey. Turkey called that a grave threat, and threatened to attack U.S.-backed Syrian Kurdish militia, called the Peoples Protection Units, or YPG, across its border in northwest Syria. Days later, Secretary of State Rex Tillerson called for an indefinite U.S. military presence in Syria, as part of a long-term strategy to oust President Bashar al-Assad and defeat ISIS.Turkey then launched its planned military campaign, called Operation Olive Branch. Air and ground attacks first focused on the city of Afrin a Kurdish enclave of about 200,000 people and have since spread to the surrounding region. Turkey-backed Free Syrian Army fighters are seen in Qastal village in east Afrin, Syria January 30, 2018. Photo by Khalil Ashawi/ReutersTurkish officials say at least five of their soldiers and 24 allied Syrian fighters have been killed. Rockets stanley cup fired recently from the Afrin region into Turkey have killed at least four Turks, and injured another 37. The Britain-based Syrian Observatory for Human Rights say |
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