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Nigeria’s St. Mary’s School Attack: Over 300 Abducted in Devastating Raid

  An interior view of the Christ Apostolic Church, the day after an attack by gunmen in which people were killed and the pastor and some worshippers kidnapped, in the town of Eruku, Kwara state, Nigeria. In one of the worst mass abductions in Nigeria’s recent history, more than 300 schoolchildren and 12 teachers were kidnapped from St. Mary’s Catholic Primary and Secondary School in Papiri, Niger State, on November 21, 2025. The Christian Association of Nigeria (CAN) confirmed the updated figures after conducting a verification exercise, raising the tally from an earlier count of 215 children. The attack unfolded when armed men stormed the Catholic institution in the early hours of Friday, targeting dormitories and classrooms. Witnesses reported chaos as students attempted to flee; tragically, 88 additional students were captured while trying to escape . The abduction marks the second major school attack in Nigeria within a week, following the kidnapping of 25 girls in Kebbi S...
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Stock Market Today: Rising Treasury Yields Unsettle Investors


In today’s stock market, the Dow Jones Industrial Average (Dow) took the lead in a slide prompted by rising Treasury yields. Investors are grappling with the impact of recent data on interest rates, and the benchmark S&P 500 and Nasdaq Composite also dipped into the red.

Here are the key points:

  1. Treasury Yields Surge: The yield on 5-year Treasurys rose to near four-week highs, while the 10-year yield topped the critical 4.5% level. On Wednesday, the benchmark yield inched up further to trade around 4.57%. These rising yields have raised concerns that the Federal Reserve may keep rates higher for longer.

  2. AI Growth vs. Yield Worries: Despite hopes for AI growth, concerns about bond yields appear to be overshadowing the market. The Nasdaq recently hit a record high following Nvidia’s post-earnings rally, but the surge in yields is causing uncertainty.

  3. Consumer Confidence and Fed Policymaking: Investors are trying to decipher the impact of stronger-than-expected consumer confidence data on Fed policymaking. However, they are bracing for a prolonged wait for any pivot to rate cuts, given the litany of warnings from Fed officials.

  4. Wall Street Strategists’ Views: Wall Street strategists have been closely monitoring rising yields. Michael Kantrowitz, chief investment strategist at Piper Sandler, highlighted that higher rates are now a systemic problem for equities. If the 10-year Treasury yield surpasses 5%, it could spell trouble for most stocks.

  5. Beige Book and Inflation Gauge: The release of the Fed’s Beige Book later today could shed more light on economic conditions. Investors are also awaiting Friday’s reading on PCE (Personal Consumption Expenditures), the central bank’s preferred inflation gauge.

In summary, rising Treasury yields are causing jitters in the stock market, and investors are closely watching Fed signals and economic data. The delicate balance between growth prospects and interest rate concerns remains a focal point for traders.


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