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Dow falls practically 400 factors as Tuesday’s sell-off intensifies

US stock indices fell on Tuesday as retail sales fell in July and worries about a slowdown in global economic growth increased.

Still, the losses came Tuesday after the Dow Jones Industrial Average and S&P 500 closed at record highs in the previous session.

The Dow fell 390 points, or 1.1%. The S&P 500 lost 1% and the Nasdaq Composite lost 1.2%.

Retail sales fell 1.1% in July, a decline more than the 0.3% decline expected by Dow Jones’ polls. The Census Bureau corrected the June figure to a jump of 0.7%.

“If we look at expectations for future consumer strength, some of the lead will be diminished by the rise of the Delta variant,” said Yung-Yu Ma of BMO Wealth Management. “These challenges are not going to go away anytime soon.”

Home Depot fell more than 4% after posting second quarter results, hurting the Dow. While quarterly earnings exceeded estimates, sales in the same store rose 4.5% during the reporting period, below the consensus estimate of 5% of analysts surveyed by StreetAccount. In the United States, sales in the same stores only increased 3.4%.

Walmart stocks rose slightly and then traded near the flatline after earnings beat estimates in the second quarter. The retailer grew in the grocery sector and reported a strong start to the back-to-school season.

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Disappointing economic data from China on Monday heightened concerns about a slowdown in global growth. Chip stocks fell for a second day on Tuesday, with the iShares Semiconductor ETF down more than 2% and Nvidia about 3%. The shares of Tesla and Boeing, both of which are also heavily dependent on the growth market China, fell.

Meanwhile, technology names were trending downward. Big tech stocks, including Google parent Alphabet, Amazon, Apple and Facebook, traded in the red.

Elsewhere, health stocks saw strength, with the S&P 500 Health Care Sector making record highs. United Health, Merck, and Johnson & Johnson all acted green.

The Dow and S&P 500 closed at record highs in their fifth consecutive positive session on Monday. The move of the S&P 500 during Monday’s session marked a milestone as the benchmark index doubled from its pandemic closing low on March 23, 2020. This is the fastest doubling of the bull market since World War II, according to calculations by CNBC.

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Bitcoin sell-off intensifies because the crypto falls under $30,000 degree, turns unfavorable for the 12 months

The slump for bitcoin intensified on Tuesday as the leading cryptocurrency fell below the key $30,000 level and turned negative for 2021.

At its low of the day, Bitcoin fell more than 11% to about $28,911, below the $29,026 level where it ended 2020, according to Coin Metrics.The cryptocurrency was last down more than 9% to $29,410.30, according to Coin Metrics.

Technical analysts had been watching the $30,000 level as a key support level on the charts after the cryptocurrency had fallen to near that low during its May crash. The analysts, who study charts to make buying and selling decisions, believe the next level to watch for support could now be as low as $20,000.

Now that it is approaching $29,000, the price of bitcoin is threatening to turn negative for the year.

Galaxy Digital CEO Mike Novogratz said on CNBC’s “Squawk Box” that bitcoin could still rebound after Tuesday’s move but there was significant downside to the next support level.

“$30,000, we’ll see if it holds on the day. We might plunge below it for a while and close above it. If it’s really breached, $25,000 is the next big level of support,” Novogratz said. “Listen, I’m less happy than I was at $60,000 but I’m not nervous.”

Bitcoin has been struggling to reclaim its highs from earlier in the quarter. It fell dramatically in May following some market-moving tweets by Elon Musk about bitcoin-related environmental concerns, and then even further in early June around fears of the cryptocurrency’s use in the Colonial Pipeline ransomware attack.

It’s been on a rollercoaster ride since then, battered by a stream of headlines out of China, where regulators have imposed new restrictions on energy-intensive mining and ordered financial institutions like Alipay to stop doing business with crypto companies. The price briefly touched $40,000 last week and fell again Monday.

With Tuesday’s losses, bitcoin has slid about 54% from its all-time high of more than $64,000 in mid-April, taking other cryptocurrencies along with it. Ether fell 8% and dogecoin is dropping more than 16%.

Significant pullbacks have happened before in the cryptocurrency market, with bitcoin falling about 80% from its late 2017 highs at one point. Professional crypto investors have warned that the space should continue to be volatile in the years ahead.

“The only guarantee with the cryptocurrency space is volatility and obviously, that’s what we have right now,” Fairlead Strategies founder Katie Stockton told CNBC. “It’s not new, we’ve had days like this before, it’s just a matter of navigating through this noise.”

Crypto investment product providers, such as CoinShares, Grayscale and Bitwise, are experiencing their sixth consecutive weeks of outflows, though some providers are seeing inflows, according to CoinShares. Bearish sentiment is more focused on bitcoin, with outflows for the week totaling $89 million.

Novogratz also noted that despite previous pullbacks, crypto market infrastructure is only becoming more mature, which has helped usher in more institutional support over the past year, with major hedge fund managers, pension funds and banks jumping into crypto, while registered investment advisors seek ways to get clients exposure to cryptocurrencies in ways that are compatible with their current workflow and wait for custody banks to introduce crypto services.

The price of bitcoin rose nearly 500% between mid-September of last year and its April peak. Even with the recent decline, the cryptocurrency is still up about 150% over the past 12 months.

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Business

Fox Information Intensifies Its Professional-Trump Politics as Dissenters Depart

Fox News once devoted its 7 p.m. and 11 p.m. time slots to relatively straightforward newscasts. Now those hours are filled by opinion shows led by hosts who denounce Democrats and defend the worldview of former President Donald J. Trump.

For seven years, Juan Williams was the lone liberal voice on “The Five,” the network’s popular afternoon chat show. On Wednesday, he announced that he was leaving the program, after months of harsh on-air blowback from his conservative co-hosts. Many Fox News viewers cheered his exit on social media.

Donna Brazile, the former Democratic Party chairwoman, was hired by Fox News with great fanfare in 2019 as a dissenting voice for its political coverage. She criticized Mr. Trump and spoke passionately about the Black Lives Matter movement, which other hosts on the network often demonized. Ms. Brazile has now left Fox News; last week, she quietly started a new job at ABC.

Onscreen and off, in ways subtle and overt, Fox News has adapted to the post-Trump era by moving in a single direction: Trumpward.

The network has rewarded pro-Trump pundits like Greg Gutfeld and Dan Bongino with prize time slots. Some opinion hosts who ventured on-air criticism of the former president have been replaced. And within the Fox News reporting ranks, journalists have privately expressed concern that the network is less committed to straight-ahead news coverage than it was in the past.

The shifts at Fox News, which is controlled by the father-and-son moguls Rupert and Lachlan Murdoch, have come in the wake of what amounted to an existential moment for a cable channel that is home to Trump cheerleaders like Sean Hannity and Laura Ingraham: the 2020 election.

Fox News’s ratings fell sharply after the network made an early call on election night that Joseph R. Biden Jr., the Democratic presidential nominee, would carry Arizona and later declared him the winner, even as Mr. Trump advanced lies about fraud. With viewers in revolt, the network moved out dissenting voices and put a new emphasis on right-wing commentary.

In January, the network fired its veteran politics editor, Chris Stirewalt, who had been an onscreen face of the early call in Arizona for Mr. Biden. This month, it brought on a new editor in the Washington bureau: Kerri Kupec, a former spokeswoman for Mr. Trump’s attorney general William P. Barr. She had no journalistic experience.

Financially, the Murdochs’ formula has produced results: After a rare loss to archrivals CNN and MSNBC in January, Fox News’s ratings strength has recovered; the channel is again the Nielsen leader in cable news. In May, Fox News is on track to more than double CNN’s prime-time viewership.

Its new opinion shows at 7 and 11 — with segments that lament “cancel culture” and attack Mr. Biden — are attracting bigger audiences than the newscasts they replaced. And the niche right-wing network Newsmax has failed to sustain its postelection audience gains.

Partisanship plays well on cable news, an insight not lost on programmers at other networks who are chasing fatigued viewers. Liberal-leaning MSNBC has expanded the show hosted by the anti-Trump commentator Nicolle Wallace; it also replaced the moderate Chris Matthews at 7 p.m. with the partisan commentator Joy Reid. Last week, CNN dropped one of its chief conservative commentators, Rick Santorum, after he was criticized for remarks about Native Americans.

“Conservatives have a long-held suspicion of the mainstream media being in the tank for Democrats and for the left,” said Ryan Williams, a Republican strategist and longtime aide to Mitt Romney who has occasionally appeared on the network as a guest. “Fox News for many years was viewed as the only outlet that wasn’t shilling for the other side. Liberals may doubt the power of Fox News, but it still draws a considerable audience for a reason.”

Fox News says its news coverage remains robust. And in some ways, the Murdochs are making a rational business decision by following the conservatives who have made up the heart of the Fox News audience; recent surveys show that more than three-quarters of Republicans want Mr. Trump to run in 2024.

But under Roger Ailes, the network’s founder, who shaped its look and feel, Fox News elevated liberal foils like Alan Colmes, a Democrat who shared equal billing in prime time with Mr. Hannity until the end of 2008, and moderates like Mr. Williams.

Credit…Andrew Toth/FilmMagic

“Roger’s view was you had to have some unpredictability and you had to challenge the audience; you couldn’t just be reading Republican talking points every night,” said Susan R. Estrich, a Democratic lawyer and former commentator on Fox News who negotiated Mr. Ailes’s exit from the network amid his sexual misconduct scandal.

Ms. Estrich recalled that Mr. Ailes had defended Megyn Kelly, the former Fox News host, when Mr. Trump, then a presidential candidate, attacked her in misogynist terms. Now, she said, “instead of trying to broaden their audience, Fox News is narrowing it and digging in.”

Today in Business

Updated 

May 28, 2021, 12:54 p.m. ET

Ms. Brazile said she had left Fox News of her own accord.

“Fox never censored my views in any way,” she wrote in an email. “Everyone treated me courteously as a colleague.” Ms. Brazile added: “I believe it’s important for all media to expose their audiences to both progressive and conservative viewpoints. With the election and President Biden’s first 100 days behind us, I’ve accomplished what I wanted at Fox News.”

Mr. Williams will remain at Fox News as a senior political analyst; the network said in a statement that he had requested to be closer to his family in Washington rather than commute to New York, where “The Five” is taped. Fox News said another liberal host would replace him. Among those in contention is a newly hired contributor to the Fox stable, the former Democratic congressman Harold Ford Jr.

Mr. Williams departed after a harder edge had crept into his exchanges with colleagues like Mr. Gutfeld and Jesse Watters. “The Five” had long been a venue for heated, if friendly debate, but Mr. Williams was repeatedly mocked and shouted down when he accused Mr. Trump of lying about the election and fueling the riot at the Capitol on Jan. 6.

Mr. Williams also noted, on-air, a Fox News report about Mr. Biden that falsely claimed he wanted to restrict Americans’ consumption of hamburgers. (Fox News later issued a correction.)

Credit…Fox News

His prime antagonist, Mr. Gutfeld, started an 11 p.m. show last month that is meant to compete with late-night fare like “The Daily Show.” “Gutfeld!” has attracted a bigger viewership than the previous 11 p.m. offering, a newscast anchored by Shannon Bream that was shifted to midnight.

Fox News is still determining a permanent host for its new 7 p.m. opinion hour, which is now a reliable venue for pro-Trump commentary. It was where Tucker Carlson, the network’s 8 p.m. host, made his remarks about white replacement theory that prompted an outcry from the Anti-Defamation League.

A pro-Trump drift at Fox News is not new: George Will, a traditional conservative who opposed Mr. Trump’s candidacy, lost his contributor contract in 2017. Shepard Smith, a news anchor who was tough on Mr. Trump, left in 2019.

Some Fox News journalists, though, say privately that they are increasingly concerned with the network’s direction. Kristin Fisher, one of the network’s rising stars in Washington and a White House correspondent, left Fox News earlier this month despite the network’s effort to keep her. She had faced criticism from viewers in November after a segment in which she aggressively debunked lies about election fraud advanced by Mr. Trump’s lawyers.

The longtime Washington bureau chief, Bill Sammon, resigned in January after internal criticism over his handling of election coverage, around the time that Mr. Stirewalt was fired. (Mr. Stirewalt was let go along with roughly 20 digital journalists at Fox News, which the network attributed to a realignment of “business and reporting structure to meet the demands of this new era.”)

Mr. Sammon has effectively been replaced by Doug Rohrbeck, a producer with extensive news experience on Bret Baier’s newscast and Chris Wallace’s Sunday show. Still, some Fox journalists were surprised when the network hired Ms. Kupec, the former Barr spokeswoman, to work under Mr. Rohrbeck.

A Fox News spokesperson said the network was proud of the journalism from its reporting ranks, listing examples including the foreign correspondent Trey Yingst’s coverage of Israel, Jennifer Griffin’s coverage of the Pentagon, and reporting on the crisis at the Mexican border by Bill Melugin and Aishah Hasnie.

Mr. Baier, the network’s chief political anchor, announced in May that he had extended his contract through 2025. Along with Mr. Wallace of “Fox News Sunday,” he regularly lands newsy interviews; a recent conversation with Representative Liz Cheney of Wyoming grew testy when she faulted Fox News for perpetuating Mr. Trump’s lies about the election and Mr. Baier responded that he had made clear to viewers that Mr. Biden was the legitimate victor.

Fox News has a smaller international footprint than rivals like CNN, but it maintains several foreign bureaus and has had reporters in Israel covering the recent violence there. On Wednesday, the network announced an expansion of Fox News International, a streaming service available in 37 countries in Asia and Europe.

Despite continuing criticism from liberals, Fox News remains a financial juggernaut for the Murdoch empire; it is expected to earn record advertising revenues this year, the network said.

Even as its programming decisions seem aimed at attracting Trump supporters, Fox News does face one roadblock: Mr. Trump. The former president has maintained his stinging criticism of Fox News, which, he has claimed, betrayed him by calling the election for Mr. Biden.

On Friday, Mr. Trump renewed his criticism in a statement that he issued in response to a critical speech by the former House speaker Paul D. Ryan, a member of the Fox Corporation board since 2019.

“Fox totally lost its way and became a much different place” after Mr. Ryan joined the board, the former president wrote. Mr. Trump added: “Fox will never be the same!”

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Business

Fox Information Intensifies Its Professional-Trump Politics as Dissenters Depart

Fox News once devoted its 7 p.m. and 11 p.m. time slots to relatively straightforward newscasts. Now those hours are filled by opinion shows led by hosts who denounce Democrats and defend the worldview of former President Donald J. Trump.

For seven years, Juan Williams was the lone liberal voice on “The Five,” the network’s popular afternoon chat show. On Wednesday, he announced he was leaving the program, after months of harsh on-air blowback from his conservative co-hosts. Many Fox News viewers cheered his exit on social media.

Donna Brazile, the former Democratic Party chairwoman, was hired by Fox News with great fanfare in 2019 as a dissenting voice for its political coverage. She criticized Mr. Trump and spoke passionately about the Black Lives Matter movement, which other hosts on the network often demonized. Ms. Brazile has now left Fox News; last week, she quietly started a new job at ABC.

Onscreen and off, in ways subtle and overt, Fox News has adapted to the post-Trump era by moving in a single direction: Trumpward.

The network has rewarded pro-Trump pundits like Greg Gutfeld and Dan Bongino with prize time slots. Some opinion hosts who ventured on-air criticism of the former president have been replaced. And within the Fox News reporting ranks, journalists have privately expressed concern that the network is less committed to straight-ahead news coverage than it was in the past.

The shifts at Fox News, which is controlled by father-and-son moguls Rupert and Lachlan Murdoch, have come in the wake of what amounted to an existential moment for a cable channel that is home to Trump cheerleaders like Sean Hannity and Laura Ingraham: the 2020 election.

Fox News’s ratings fell sharply after the network made an early call on election night that Mr. Biden would carry Arizona and later declared him the winner, even as Mr. Trump advanced lies about fraud. With viewers in revolt, the network moved out dissenting voices and put a new emphasis on hard-line right-wing commentary.

In January, the network fired its veteran politics editor, Chris Stirewalt, who had been an onscreen face of the early call in Arizona for Mr. Biden. Earlier this month, it brought on a new editor in the Washington bureau: Kerri Kupec, a former spokeswoman for Mr. Trump’s former attorney general, William P. Barr. She had no prior journalistic experience.

Financially, the Murdochs’ formula has produced results: after a rare loss to archrivals CNN and MSNBC in January, Fox News’s ratings strength has recovered; the channel is now once again the Nielsen leader in cable news. In May, Fox News is on track to more than double CNN’s prime-time viewership.

Its new 7 p.m. and 11 p.m. opinion shows — with segments that lament “cancel culture” and attack Mr. Biden — are attracting bigger audiences than the newscasts they replaced. And the niche right-wing network Newsmax has failed to sustain its postelection audience gains.

In some ways, the Murdochs are making a rational business decision by following the conservatives who have made up the heart of the Fox News audience; recent surveys show that more than three-quarters of Republicans want Mr. Trump to run in 2024.

But under Roger Ailes, the network’s founder who shaped its look and feel, Fox News elevated liberal foils like Alan Colmes, a Democrat who shared equal billing in prime-time with Mr. Hannity until the end of 2008, and moderates like Mr. Williams.

Credit…Andrew Toth/FilmMagic

“Roger’s view was you had to have some unpredictability and you had to challenge the audience; you couldn’t just be reading Republican talking points every night,” said Susan R. Estrich, a Democratic lawyer and former commentator on Fox News who negotiated Mr. Ailes’s exit from the network amid his sexual misconduct scandal.

Today in Business

Updated 

May 28, 2021, 12:54 p.m. ET

Ms. Estrich recalled that Mr. Ailes had defended Megyn Kelly, the former Fox News host, when Mr. Trump, then a presidential candidate, attacked her in misogynist terms. Now, she said, “instead of trying to broaden their audience, Fox News is narrowing it and digging in.”

Partisanship plays well on cable news, an insight not lost on programmers at other networks who are chasing fatigued viewers. Liberal-leaning MSNBC expanded the show hosted by the anti-Trump commentator Nicolle Wallace; it also replaced the moderate Chris Matthews at 7 p.m. with the partisan commentator Joy Reid. Last week, CNN dropped one of its chief conservative commentators, Rick Santorum, after he was criticized for remarks about Native Americans.

Ms. Brazile said she had left Fox News of her own accord.

“Fox never censored my views in any way,” she wrote in an email. “Everyone treated me courteously as a colleague.” Ms. Brazile added: “I believe it’s important for all media to expose their audiences to both progressive and conservative viewpoints. With the election and President Biden’s first 100 days behind us, I’ve accomplished what I wanted at Fox News.”

Mr. Williams will remain at Fox News as a senior political analyst; the network said in a statement that he had requested to be closer to his family in Washington rather than commute to New York, where “The Five” is taped. Fox News said he will be replaced by another liberal host; among those in contention is a newly hired contributor to the Fox stable, the former Democratic congressman Harold Ford Jr.

Mr. Williams’s departure came after a harder edge had crept into his exchanges with colleagues like Mr. Gutfeld and Jesse Watters. “The Five” had long been a venue for heated, if friendly debate, but Mr. Williams was repeatedly mocked and shouted down when he accused Mr. Trump of lying about the election and fueling the riot at the Capitol on Jan. 6.

Mr. Williams also noted, on-air, an erroneous Fox News report about Mr. Biden that falsely claimed he wanted to restrict Americans’ consumption of hamburgers. (Fox News later issued a correction.)

Credit…Fox News

His prime antagonist, Mr. Gutfeld, started an 11 p.m. show last month that is meant to compete with late-night fare like “The Daily Show.” “Gutfeld!” has attracted a bigger viewership than the previous 11 p.m. offering, a newscast anchored by Shannon Bream that was shifted to midnight.

Fox News is still determining a permanent host for its new 7 p.m. opinion hour, which is now a reliable venue for pro-Trump commentary. It was where Tucker Carlson, the network’s 8 p.m. host, made his remarks about white replacement theory that prompted an outcry from the Anti-Defamation League.

A pro-Trump drift at Fox News is not new: George Will, a traditional conservative who opposed Mr. Trump’s candidacy, lost his contributor contract in 2017. Shepard Smith, a news anchor who was tough on Mr. Trump, left in 2019.

Some Fox News journalists, though, say privately they are increasingly concerned with the network’s direction. Kristin Fisher, one of the network’s rising stars in Washington and a White House correspondent, left Fox News last month despite the network’s effort to keep her. She had faced criticism from viewers in November after a segment in which she aggressively debunked lies about election fraud advanced by Mr. Trump’s lawyers.

The longtime Washington bureau chief, Bill Sammon, resigned in January after internal criticism over his handling of election coverage, around the time that Mr. Stirewalt was fired. (Mr. Stirewalt was let go along with roughly 20 digital journalists at Fox News, which the network attributed to a realignment of “business and reporting structure to meet the demands of this new era.”)

Mr. Sammon has effectively been replaced by Doug Rohrbeck, a producer with extensive news experience on Bret Baier’s newscast and Chris Wallace’s Sunday show. Still, some Fox journalists were surprised when the network hired Ms. Kupec, the former Barr spokeswoman, to work under Mr. Rohrbeck. (In 2019, CNN hired Sarah Isgur, the spokeswoman for former Attorney General Jeff Sessions, as a political editor. After protests from staff, she was shifted to an on-air role and later left the network.)

Fox News says its news coverage remains robust. Mr. Baier, its chief political anchor, announced in May that he had extended his contract through 2025. He regularly lands newsy interviews; a recent conversation with Representative Liz Cheney of Wyoming grew testy when she faulted Fox News for perpetuating Mr. Trump’s lies about the election and Mr. Baier responded that he had made clear to viewers that Mr. Biden was the legitimate victor.

Fox News has a smaller international footprint than rivals like CNN, but it maintains several foreign bureaus and has had multiple reporters on the ground in Israel covering the recent violence there. On Wednesday, the network announced an expansion of Fox News International, a streaming service available in 37 countries in Asia and Europe.

Despite ongoing criticism from liberals, Fox News remains a financial juggernaut for the Murdoch empire; it is expected to earn record advertising revenues this year, the network said.

Even as its programming decisions seem aimed at attracting Trump supporters, Fox News does face one roadblock: Mr. Trump. The former president has maintained his stinging criticism of Fox News, which, he has claimed, betrayed him by calling the election for Mr. Biden.

On Friday, after criticism from the former House Speaker Paul Ryan, Mr. Trump wrote that “Fox totally lost its way and became a much different place” after the Murdochs appointed Mr. Ryan to the Fox Corporation board.

“Fox will never be the same!” Mr. Trump wrote.

Categories
World News

Israel Floor Forces Shell Gaza as Preventing Intensifies

Die israelischen Bodentruppen führten am frühen Freitag Angriffe auf den Gazastreifen durch, um einen Konflikt mit palästinensischen Militanten zu eskalieren, der durch Luftangriffe aus Israel und Raketen aus dem Gazastreifen geführt worden war.

Es war nicht sofort klar, ob der Angriff der Auftakt zu einer Bodeninvasion gegen die Hamas war, die militante islamistische Gruppe, die Gaza kontrolliert.

Ein israelischer Militärsprecher, Oberstleutnant Jonathan Conricus, sagte zunächst, dass “Bodentruppen in Gaza angreifen”, stellte jedoch später klar, dass israelische Truppen nicht in Gaza eingedrungen waren, was auf die Möglichkeit eines Artilleriefeuers von außen hindeutete. Er gab keine weiteren Details an.

Der Anstieg der Kämpfe hat die beispiellose Position Israels unterstrichen – im Kampf gegen palästinensische Militante an seiner Südflanke, um die schlimmsten Unruhen seit Jahrzehnten zu bekämpfen.

Es folgte ein weiterer Tag der Zusammenstöße zwischen arabischen und jüdischen Mobs auf den Straßen israelischer Städte. Die Behörden riefen die Reserven der Armee auf und schickten Verstärkungen der bewaffneten Grenzpolizei in die Innenstadt von Lod, um zu versuchen, das abzuwenden, was die israelischen Führer gewarnt hatten ein Bürgerkrieg werden.

Zusammengenommen deuteten die beiden Schauplätze des Aufruhrs auf eine schrittweise Veränderung des jahrzehntelangen Konflikts zwischen Israel und den Palästinensern hin. Während gewalttätige Eskalationen oft einem vorhersehbaren Verlauf folgen, entwickelt sich dieser letzte Kampf, der schlimmste seit sieben Jahren, schnell zu einer neuen Art von Krieg – schneller, destruktiver und in der Lage, sich in unvorhersehbare neue Richtungen zu drehen.

In Gaza, einem verarmten Küstenstreifen, der 2014 der Schmelztiegel eines verheerenden siebenwöchigen Krieges war, feuerten palästinensische Militante überraschend große Sperrfeuer mit Raketen mit erhöhter Reichweite ab – etwa 1.800 in drei Tagen -, die weit nach Israel reichten.

Nach Angaben der Gesundheitsbehörden des Gazastreifens hat Israel am Donnerstag seine Kampagne für unerbittliche Luftangriffe gegen Hamas-Ziele intensiviert und Gebäude, Büros und Häuser in Streiks pulverisiert, bei denen 103 Menschen, darunter 27 Kinder, getötet wurden.

Sechs Zivilisten und ein Soldat wurden von Hamas-Raketen in Israel getötet.

Ägyptische Vermittler kamen am Donnerstag in Israel an, um den sich verschärfenden Konflikt zu stoppen.

Am alarmierendsten für Israel war jedoch die gewaltsame Gärung auf seinen eigenen Gehwegen und Straßen, wo Tage der Unruhen jüdischer Bürgerwehren und arabischer Mobs keine Anzeichen eines Nachlassens zeigten.

Die Unruhen in mehreren Städten gemischter ethnischer Zugehörigkeit, in denen wütende junge Männer Autos steinigten, Moscheen und Synagogen in Brand steckten und sich gegenseitig angriffen, signalisierten einen Zusammenbruch von Recht und Ordnung in Israel in einem Ausmaß, das seit Beginn des zweiten palästinensischen Aufstands nicht mehr zu beobachten war oder Intifada vor 21 Jahren.

Die Gewalt folgt auf einen Monat kochender Spannungen in Jerusalem, in dem die drohende Vertreibung palästinensischer Familien aus ihren Häusern mit einer Flut arabischer Angriffe gegen israelische Juden und einem Marsch von Rechtsextremisten durch die Stadt zusammenfiel, die „Tod den Arabern“ sangen.

Die erschütternde Gewalt in dieser Woche veranlasste die israelischen Führer, angeführt von Präsident Reuven Rivlin, das Gespenst eines Bürgerkriegs hervorzurufen – eine einst undenkbare Idee. “Wir müssen unsere Probleme lösen, ohne einen Bürgerkrieg auszulösen, der eine Gefahr für unsere Existenz darstellen kann”, sagte Rivlin. “Die stille Mehrheit sagt nichts, weil es absolut fassungslos ist.”

Ministerpräsident Benjamin Netanjahu besuchte Lod, eine Arbeiterstadt mit einer gemischten arabisch-israelischen Bevölkerung, die sich zum Zentrum des Umbruchs entwickelt hat. Haufen ausgebrannter Autos lagen auf den Straßen, wo einige Nächte zuvor arabische Jugendliche Synagogen und Autos verbrannten, Steine ​​warfen und sporadische Schüsse abfeuerten, bevor Banden jüdischer Bürgerwehrleute konterten und ihre eigenen Feuer entfachten.

.

Am Donnerstag wurde ein jüdischer Mann erstochen, als er dort zu einer Synagoge ging, aber überlebte.

“Es gibt jetzt keine größere Bedrohung als diese Unruhen”, sagte Netanjahu, der sich geschworen hatte, die israelischen Verteidigungskräfte einzusetzen, um den Frieden in Lod aufrechtzuerhalten. Einen Tag zuvor beschrieb er die Gewalt als “Anarchie” und sagte: “Nichts rechtfertigt das Lynchen von Juden durch Araber, und nichts rechtfertigt das Lynchen von Arabern durch Juden.”

Um Lod zu sichern, holte die Regierung Tausende bewaffneter Grenzpolizisten aus dem besetzten Westjordanland und verhängte eine Ausgangssperre um 20 Uhr, jedoch mit geringem Erfolg.

Arabische Einwohner, auf die etwa 30 Prozent der 80.000 Einwohner der Stadt entfallen, setzten eine Kampagne des Steinwurfs, des Vandalismus und der Brandstiftung fort, während jüdische Extremisten von außerhalb von Lod ankamen und arabische Autos und Eigentum verbrannten. Arabische Demonstranten errichteten brennende Straßensperren.

Als die Nacht hereinbrach, gab es Anzeichen dafür, dass die Gewalt eskalieren könnte, wenn ein großer Konvoi bewaffneter Juden in weißen Lieferwagen in die Stadt zog.

Palästinensische Führer sagten jedoch, die Rede von jüdischen Führern über einen Bürgerkrieg sei eine Ablenkung von dem, was sie als die wahre Ursache der Unruhen in Lod bezeichneten – Polizeibrutalität gegen palästinensische Demonstranten und provokative Aktionen von rechtsgerichteten israelischen Siedlergruppen.

Der israelisch-palästinensische Konflikt

Aktualisiert

13. Mai 2021, 17:47 Uhr ET

“Die Polizei hat einen arabischen Demonstranten in Lod erschossen”, sagte Ahmad Tibi, Vorsitzender der Ta’al-Partei und Mitglied des israelischen Parlaments. „Wir wollen kein Blutvergießen. Wir wollen protestieren. “

Herr Tibi sagte, dass Herr Netanjahu, der sich häufig mit rechtsextremen und nationalistischen Parteien zusammengetan hat, um an der Macht zu bleiben, nur sich selbst für die politische Zunderbüchse verantwortlich gemacht hat, die in ganz Israel mit solcher Wildheit explodiert ist.

Am Donnerstagabend forderte das Außenministerium die amerikanischen Bürger auf, die Reise nach Israel zu überdenken, und warnte davor, in das besetzte Westjordanland oder in den Gazastreifen zu gehen. In einem Gutachten stellte das Ministerium Raketenangriffe fest, die Jerusalem erreichen könnten, Proteste und Gewalt in ganz Israel sowie ein „gefährliches und volatiles“ Sicherheitsumfeld im Gazastreifen und an seinen Grenzen.

Die Probleme begannen am Montag, als eine schwere Polizeirazzia in der Al-Aqsa-Moschee in Jerusalem – der drittheiligsten Stätte im Islam, die sich auf einer Stätte befindet, die auch von Juden verehrt wird – eine sofortige Gegenreaktion auslöste.

Abgesehen von den Bildern von Polizisten, die Betäubungsgranaten schleuderten und Gummigeschosse in die Moschee feuerten, wurde die palästinensische Empörung auch durch viel größere, jahrzehntealte Frustrationen angeheizt.

Human Rights Watch beschuldigte Israel kürzlich, eine Form der Apartheid begangen zu haben, das rassistische Rechtssystem, das einst Südafrika regierte, und verwies auf eine Reihe von Gesetzen und Vorschriften, die angeblich die Palästinenser systematisch diskriminieren. Israel lehnte diese Anklage vehement ab. Aber seine Sicherheitskräfte sind jetzt mit einer wachsenden Welle der Wut der arabisch-israelischen Minderheit des Landes konfrontiert, die sich darüber beschwert, als Bürger zweiter Klasse behandelt zu werden.

“‘Koexistenz’ bedeutet, dass beide Seiten existieren”, sagte Tamer Nafar, ein berühmter Rapper aus Lod. “Aber bisher gibt es nur eine Seite – die jüdische Seite.”

Die Raketenangriffe aus dem Gazastreifen unterscheiden sich auch quantitativ und qualitativ vom letzten Krieg im Jahr 2014. Die mehr als 1.800 Raketen, die die Hamas und ihre Verbündeten seit Montag auf Israel abgefeuert haben, machen bereits ein Drittel der Gesamtzahl der während des siebenwöchigen Krieges 2014 abgefeuerten Raketen aus.

Der israelische Geheimdienst hat geschätzt, dass die Hamas, der Islamische Dschihad und andere militante palästinensische Gruppen etwa 30.000 Raketen und Mörsergeschosse im Gazastreifen versteckt haben, was darauf hinweist, dass es den Militanten trotz der israelisch-ägyptischen Blockade des Küstengebiets gelungen ist, ein riesiges Arsenal anzuhäufen.

Die Raketen haben auch eine größere Reichweite gezeigt als die in früheren Konflikten abgefeuerten und reichen bis nach Tel Aviv und Jerusalem.

Sie haben sich auch als wirksamer erwiesen. Im Krieg 2014 haben sie insgesamt sechs Zivilisten in Israel getötet, die gleiche Anzahl, die in den letzten drei Tagen getötet wurde.

Diese Verluste schienen das Ergebnis der neuen Taktik der Hamas zu sein, mehr als 100 Raketen gleichzeitig abzufeuern und das von den USA finanzierte Raketenabwehrsystem Iron Dome zu vereiteln, das laut israelischen Beamten zu 90 Prozent Raketen abfangen kann, bevor sie in Israel landen.

Die Bewohner des Gazastreifens haben keinen solchen Schutz vor israelischen Luftangriffen, die drei mehrstöckige Gebäude im Streifen zerstörten, nachdem die Bewohner zur Evakuierung gewarnt worden waren. Israelische Beamte sagten, dass in den Gebäuden Hamas-Operationen untergebracht waren und dass sie sich bemühten, die Opfer unter der Zivilbevölkerung zu begrenzen, aber viele Bewohner des Gazastreifens betrachteten die israelischen Angriffe als eine Form der kollektiven Bestrafung.

Der Donnerstag sollte ein Festtag für die Palästinenser sein, da sie das Ende des heiligen Monats Ramadan markierten, an dem sich Muslime normalerweise versammeln, um zu beten, neue Kleidung zu tragen und ein Familienessen zu teilen. In Jerusalem versammelten sich Zehntausende von Gläubigen im Morgengrauen vor der Aqsa-Moschee, einige schwenkten palästinensische Flaggen und ein Banner mit einem Bild von Ismail Haniyeh, dem Führer der Hamas.

In Gaza war es jedoch ein düsterer Tag voller Beerdigungen, Angst und Raketenangriffe. Einige Familien begruben ihre Toten, andere legten Gebetsmatten neben Gebäuden aus, die kürzlich bei israelischen Luftangriffen zerstört wurden, und wieder andere wurden von über ihnen schwebenden israelischen Drohnen angegriffen.

“Rette mich”, plädierte Maysoun al-Hatu, 58, nachdem sie laut einem Zeugen bei einem Raketenangriff vor dem Haus ihrer Tochter in Gaza verwundet worden war. Augenblicke später kam ein Krankenwagen, aber es war zu spät. Frau al-Hatu war tot.

Amerikanische und ägyptische Diplomaten gingen nach Israel, um Deeskalationsgespräche zu beginnen. Die ägyptischen Vermittler spielten eine Schlüsselrolle bei der Beendigung des Gaza-Krieges 2014, aber diesmal gibt es wenig Optimismus, dass sie ein schnelles Ergebnis erzielen können.

Israelische Militärbeamte haben erklärt, ihre Mission sei es, die Raketen aus Gaza zu stoppen, und das Militär hat am Donnerstag Panzer und Truppen entlang der Grenze zu Gaza an Ort und Stelle gebracht, um sich auf eine mögliche Bodeninvasion vorzubereiten.

Die Entscheidung, die Kampagne zu verlängern, ist letztendlich politisch. Analysten sagten, dass eine Bodenoperation wahrscheinlich hohe Verluste verursachen würde, und es war unklar, ob der Truppeneinsatz mehr als eine Bedrohung war.

Die politische Berechnung wurde jedoch am Donnerstag nach dem Zusammenbruch der Verhandlungen zwischen Oppositionsparteien, die eine neue Regierung bilden wollten, komplizierter.

Naftali Bennett, ein ultranationalistischer ehemaliger Siedlerführer, der sich der palästinensischen Staatlichkeit widersetzt, zog sich aus den Gesprächen zurück und verwies auf den Ausnahmezustand in mehreren israelischen Städten.

Sein Rückzug erhöht die Wahrscheinlichkeit, dass Israel später in diesem Sommer Parlamentswahlen abhält – in etwas mehr als zwei Jahren zum fünften Mal. Und der Zusammenbruch der Gespräche scheint Herrn Netanjahu zu nützen, was es Oppositionsparteien unmöglich macht, ein Bündnis zu bilden, das groß genug ist, um ihn aus dem Amt zu verdrängen.

Herr Netanyahu, der wegen Korruptionsvorwürfen vor Gericht steht, fungiert als Ministerpräsident, bis eine neue Regierung gebildet werden kann.

Auf palästinensischer Seite hat die unbestimmte Verschiebung der Wahlen durch den palästinensischen Präsidenten Mahmoud Abbas im letzten Monat ein Vakuum geschaffen, das die Hamas mehr als bereit ist zu füllen.

Isabel Kershner berichtete aus Lod, Israel; Iyad Abuheweila aus Gaza-Stadt; Patrick Kingsley, Irit Pazner Garshowitz und Myra Noveck aus Jerusalem; Gabby Sobelman aus Rehovot, Israel; Mona el-Naggar und Vivian Yee aus Kairo; Megan Specia aus London; Steven Erlanger aus Brüssel; und Lara Jakes aus Washington.

Categories
World News

Tech-led sell-off intensifies with Nasdaq dropping 2%, Dow falls greater than 300 factors

US stocks fell on Wednesday, causing technology stocks to move lower as key inflation data showed higher than expected price pressures.

The Dow Jones Industrial Average fell 330 points on Tuesday after its worst day since February. The S&P 500 lost 1.3% while the tech-heavy Nasdaq Composite was down 2%.

Selling strengthened after the S&P 500 fell below Tuesday’s lows. A level trader was watching this closely due to the intraday rebound a day ago. As soon as the S&P fell below that low about an hour after it started trading, the benchmark fell even further.

Inflation accelerated last month, at its fastest level since 2008, with the consumer price index up 4.2% yoy, compared with the Dow Jones estimate for a 3.6% increase. The monthly profit was 0.8% versus the expected 0.2%.

Excluding volatile food and energy prices, the core CPI rose 3% over the same period in 2020 and 0.9% monthly. The respective estimates were 2.3% and 0.3%.

“The markets are at all their highs, and much of the reopened trading has already been priced in. So there is no question that the oversized inflation rate could bring us back down a little,” said Mike Loewengart, managing director of investment strategy at E -Trade.

“Remember that the Fed has made it clear that inflation hikes will not necessarily deviate from its simple monetary policy, and that further jumps like this could be temporary. So is this a trend? That remains to be seen,” Loewengart said.

Tech stocks that have been under pressure this week and month saw another decline on Wednesday. Alphabet, Microsoft, Facebook, Amazon, and Apple’s shares all fell more than 2%, while chipmakers Nvidia and AMD’s shares were also lower. Tesla slipped 3%.

The strength of bank stocks and energy stocks, which could do well in an inflationary environment, helped support the broader market. JPMorgan was up 1% while Occidental Petroleum was up 6.5%. Chevron was also trading 2% higher.

The tech sector saw a major reversal during the previous session, with the Nasdaq Composite taking a loss north of 2% and ending the day flat. However, the blue chip Dow lost more than 450 points. The S&P 500 was down 0.9% but avoided its second consecutive 1% loss.

The Technology Select Sector SPDR is down nearly 2% this week and 5% this month as investors re-evaluate the group’s high valuations amid rising inflation.

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