U.S. Stocks Crash. Stagflation Worries Grow

Daily Mail: Dow plunges 900 points and Nasdaq dives 4% to finish its worst month since the Great Recession as Amazon leads tech sector in brutal selloff

* Tech stocks plunged on Friday as Amazon shares had their worst day since 2006

* Nasdaq composite plunged 4.2% to finish worst its month since 2008 crisis

* The Dow dropped 939 points in a broad selloff to end the month of April

Losses for technology stocks accelerated on Wall Street Friday, pushing the Nasdaq composite to its biggest monthly loss since the 2008 financial crisis.

In a day of brutal selling, the Dow Jones Industrial Average fell 939 points, or 2.8 percent, ending April down nearly 5 percent for the month.

The S&P 500 notched its worst month since the beginning of the pandemic, losing 3.6 percent on Friday and nearly 9 percent since March.

Read more ....

Update #1: Tech stocks sink again, Nasdaq has worst month since 2008 (AP)

Update #2: US STOCKS-Wall Street closes sharply lower on Amazon slump, inflation worries (Reuters)

Update #3: Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month (CNBC)

WNU Editor: Much of Europe is already experiencing stagflation .... Much of Europe is facing stagflation. France is already there (CNN). More here .... Europe’s Economy Slows to a Crawl as War and Inflation Take a Toll (The New York Times).

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U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT

Tonight's Movie Is 'Decision Before Dawn' (1951)

From Wikipedia: Decision Before Dawn is a 1951 American war film directed by Anatole Litvak, starring Richard Basehart, Oskar Werner, and Hans Christian Blech. It tells the story of the American Army's using potentially unreliable German prisoners of war to gather intelligence in the closing days of World War II. Read more .... from War News Updates https://ift.tt/2QzrYGK via IFTTT

US Vice-President Kamala Harris Ends Her 5-Day Trip To France

Daily Mail: Kamala Harris says she 'remains very concerned' about potential Russian invasion of Ukraine - and then shows reporters the pots and skillets she just bought in Paris * While in Paris, Harris said she 'remains concerned' about Russia days after saying she's worried about their military amid tense immigrant crisis in Belarus * She said on Saturday - her last day in Paris - that the five-day trip is about 'making clear the long-standing relationship' between the US and France * Earlier this week, Harris was mocked for appearing to use a French accent while visiting the Institut Pasteur science lab * Meanwhile, the entire Biden administration appears to have growing fears of an imminent conflict in Eastern Europe * Harris said the 'eyes of the world' are on the Belarus border as Russia and Belarus carry out snap military drills where a migrant crisis is on Poland's border * Belarus said the drill was in response to the ...

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