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Wall Street Climbs as S&P 500 and Nasdaq Hit Fresh Records

U.S. stocks edged higher on Thursday, extending a bullish streak that pushed both the S&P 500 and Nasdaq Composite to new closing highs . The S&P 500 rose 0.3% to finish at 6,280.46, while the Nasdaq added 0.2%, marking its second consecutive all-time high. The rally was fueled by strong corporate earnings and optimism around trade negotiations. Delta Air Lines surged 12%  after posting upbeat quarterly results and restoring its earnings outlook, sparking a broader rally in airline stocks. United Airlines and American Airlines climbed 14.3% and 13.9%, respectively. Tech enthusiasm remained strong, with Nvidia closing above a $4 trillion market cap , becoming the first public company to cross that threshold. Bitcoin also joined the rally, breaking past $113,000 amid renewed investor appetite for risk assets. Despite fresh tariff threats from President Trump—including a proposed 50% levy on Brazilian imports—markets shrugged off geopolitical concerns. Investors instead focuse...

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Putin Apologizes for Azerbaijani Plane Crash Amid Rising Tensions

 

In a recent development, Russian President Vladimir Putin extended an apology to Azerbaijani President Ilham Aliyev following a tragic incident involving an Azerbaijani airliner. The plane, en route from Baku to Grozny, crashed in Kazakhstan while attempting an emergency landing, resulting in the loss of 38 lives.

The Kremlin's statement highlighted that the crash occurred amid Ukrainian drone attacks, which led to Russian air defense systems being active in the area. However, the statement stopped short of directly attributing the crash to these defense systems. Survivors reported hearing loud noises before the crash, suggesting possible external interference.

This incident has further strained relations in the region, with both U.S. and Azerbaijani officials hinting at the involvement of an external weapon. Putin's apology, while significant, leaves many questions unanswered as investigations continue.

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