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Survivors Challenge Greek Coastguard Over Deadly Shipwreck

Protesters hold a banner against EU and Greek government policies towards migrants during a protest, following a deadly collision between a migrant boat and a coast guard vessel off the island of Chios, in Athens, Greece, February 5, 2026.  Survivors of a fatal shipwreck near the Greek island of Chios are disputing the Greek coastguard’s official account of the incident that left 15 Afghan migrants dead. Authorities claim the migrants’ dinghy was traveling without lights, ignored repeated warnings, and suddenly veered into a patrol vessel, causing the collision. Multiple survivors, however, insist that no warnings were issued and that the dinghy never changed course. They say the coastguard vessel only revealed itself moments before impact, leaving them no time to react. Their testimonies have intensified calls from human rights groups for an independent investigation into the circumstances surrounding the tragedy. The incident has renewed scrutiny of Greece’s border enforcement...
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Stock Market Today: Dow Extends Slide as Lackluster Earnings and Rate Fears Weigh on Investors’ Spirits

 

US stocks faced further losses on Thursday, with lingering concerns about higher-for-longer interest rates and a Salesforce sell-off dampening investor spirits. Here are the key points from today’s market:

  1. Dow Jones Industrial Average (DJI): The Dow sank as much as 1%, shedding roughly 380 points, following Wednesday’s stock market slide. The tech-heavy Nasdaq Composite (IXIC) dropped about 0.6%, while the broader S&P 500 (GSPC) fell 0.5%.

  2. Interest Rate Worries: Renewed gloom about the odds for rate cuts contributed to the stock market decline. Data showed less cooling in inflation than the Federal Reserve desires, driving US bond yields to their highest levels since early May. The benchmark 10-year Treasury yield hovered around 4.6%.

  3. Salesforce Results: Salesforce (CRM) reported that sales growth would stall to the slowest rate in its history, causing its shares to slide 15%. This sparked concerns about likely losers in the AI boom.

  4. US Economic Growth: The Bureau of Economic Analysis revised the first-quarter US gross domestic product (GDP) growth rate to 1.3%, down from the initial reading of 1.6% in April.

  5. Retail Earnings: Retailers Kohl’s (KSS) and Best Buy (BBY) provided clues to consumer resilience and economic health. Kohl’s shares cratered after a surprise quarterly loss and a cut to its annual sales forecast, while Best Buy posted a bigger drop in comparable sales than expected.

Despite these challenges, investors remain watchful for any signs of economic recovery and potential market shifts. 



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