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Holy Week Tensions Rise as Israel Blocks Cardinal from Entering Sacred Jerusalem Site

  Cardinal Pierbattista Pizzaballa, the Latin patriarch of Jerusalem, holds a prayer service to mark Palm Sunday, following the cancellation of the traditional Palm Sunday procession from the Mount of Olives, amid restrictions on gathering in large groups, in Jerusalem, March 29, 2026. Israeli police prevented Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, from entering the Church of the Holy Sepulchre on Palm Sunday, prompting widespread criticism from Christian leaders and governments worldwide. Authorities cited security concerns linked to the ongoing U.S.-Israeli war with Iran, noting that all holy sites in Jerusalem’s Old City had been temporarily closed due to the threat of missile strikes. The Latin Patriarchate condemned the move as an unprecedented disruption of centuries‑old tradition, marking the first time church leaders were unable to celebrate Palm Sunday Mass at the historic site. Israeli Prime Minister Benjamin Netanyahu later stated that the ...
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Stock Market Slump: Dow, Nasdaq, and S&P 500 Slide as Treasury Yields Hit Highest Level Since July

 

The U.S. stock market experienced a notable downturn today as the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all recorded losses. This decline comes amid rising Treasury yields, which have reached their highest levels since July.

The S&P 500 dropped over 0.5%, while the Dow Jones Industrial Average fell by more than 120 points, or approximately 0.3%. The tech-heavy Nasdaq Composite also slid by around 0.6%.

Investors are reacting to a recent bond-market selloff and are bracing for the upcoming wave of earnings reports. The 10-year Treasury yield steadied around 4.2% after Monday’s sharp gains pushed it above this level for the first time in months.

The market’s performance is being influenced by growing doubts about the Federal Reserve’s future interest rate decisions. Strength in the economy, cautious statements from Fed officials, and concerns about the fiscal impact of the upcoming presidential election are contributing to the uncertainty.

Despite the broader market decline, some companies have shown resilience. General Motors, for instance, raised its guidance for the third time this year, thanks to strong electric vehicle sales, which helped the company beat quarterly profit and revenue expectations.

As investors navigate these turbulent times, the focus remains on the Federal Reserve’s next moves and the ongoing earnings season, which could provide further insights into the market’s direction.


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