The Israeli Broadcasting Authority is reporting that PM Netanyahu approves every attack launched in Beiriut (Lebanon).
Pres. Trump is trying to get Israel and Netanyahu stop the attacks in Lebanon on Hezbollah. According to this report if there are additional tariffs, the buck stops at Netanyahu (and threatens the peace process).
As we head into the weekend, stocks are giving back earlier gains, with both the Dow and S&P slipping into negative territory. The Dow is down -0.63% and the S&P is lower by -0.19%.
The NASDAQ is still holding modest gains of +0.17%, but well off its session highs where it had been up 189 points. Technically, the index has also moved back below its 100-day moving average at 22,900.37 and currently trades around 22,873, tilting the near-term bias more to the downside technically.
