Daily Briefing Feb. 26: Day 509 - Bibas family buried as Hamas to release 4 hostages' remains
Reporters Lazar Berman, Tal Schneider and Sue Surkes on a potential reset of ceasefire talks, MK Yair Lapid's Gaza day-after dream and a 5-year-old who misses his friend Ariel Bibas
Daily Briefing Feb. 26: Day 509 - Bibas family buried as Hamas to release 4 hostages' remains
Reporters Lazar Berman, Tal Schneider and Sue Surkes on a potential reset of ceasefire talks, MK Yair Lapid's Gaza day-after dream and a 5-year-old who misses his friend Ariel Bibas
Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. "We're seeing really dramatic moves, and it's all really tied to Ukraine right now, and in a secondary way, in terms of interest rates," Octavio Marenzi, CEO of Opimas, told Yahoo Finance Live on Thursday. "This war in Ukraine is going to give the Fed the ammunition, the cover that it needs, to not raise interest rates too quickly. And I think Jay Powell is a very tepid sort of inflation fighter and he's not going to do as much as he needs to do to get that under control. And this seems like an excuse to kick the can further down the road still and not do too much too soon." The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off. False news often spreads via public groups, or chats, with potentially fatal effects. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app.
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