🇮🇩 MAGNITUDE 6.0 EARTHQUAKE STRIKES INDONESIA, DOZENS INJURED

A 6.0-magnitude earthquake jolted central Sulawesi before dawn, sending tremors across Poso Regency.

At least 29 people were injured, two critically, as buildings and streets shook from the shallow quake.

Indonesia lies on the deadly “Ring of Fire,” where quakes strike often... but this one left the region reeling.

🚨 MARS SHOWS ITS ICE CROWN

NASA just dropped the sharpest image yet of the Red Planet’s north pole - yes, that blue-white patch is real water ice.

The shot slices Mars in 2: frozen crown on top, rust-red wasteland below.

Sci-fi sold us a dead desert.

Reality? A planet with climate zones, hidden reservoirs, and maybe - just maybe - the ingredients for life.

Mars isn’t just red. It’s layered, alive-looking, and way more complicated than Hollywood ever wrote it.

Source: NASA

How the S&P 500 Reacts After Interest Rate Cuts

The case for U.S. interest rate cuts has been growing, driven by weaker-than-expected economic data and easing inflation. While S&P 500 companies largely protected themselves from rising rates by securing lower rates in 2020 and 2021, many loans are due for renewal in 2025. Although returns after rate-cutting cycles have historically been positive, this upcoming period could pose unique challenges, especially for sectors like manufacturing that benefited from low rates but now face refinancing risks.

How Does the Stock Market React to Interest Rate Cuts?

Over the past five decades, S&P 500 performance following the first interest rate cut varies significantly. The average return one year after a rate cut is 4.9%, with positive returns in nearly 70% of cases. However, market reactions differ based on economic context. For instance, while the S&P 500 saw significant declines after rate cuts in 1973, 1981, 2001, and 2007, it also experienced impressive growth, such as a 36.5% surge following the 1982 cut.

Typically, the market dips in the first three months after a rate cut but rebounds by the six-month mark. This aligns with the idea that lower interest rates stimulate economic activity by making borrowing cheaper for both businesses and consumers, eventually benefiting the stock market.

Still, interest rate cuts alone don't guarantee positive outcomes. Earnings growth plays a crucial role in market performance. When earnings rise after a rate cut, the S&P 500 averages a 14% return. In cases where earnings decline, returns are lower but still average around 7%.

In summary, while interest rate cuts are generally positive for the stock market, factors like earnings growth add nuance to this picture.

⚡️BREAKING:

3 Israeli soldiers died in shooting.

Shooting at Al-Karama crossing between Jordan and West Bank.

Primarily reports indicates that 3 Israeli soldiers killed after a Jordanian truck driver opened fire on Israeli forces from close range.

The attacker was also killed

New music out tonight:

• Sabrina Carpenter — Short n’ Sweet 💿
• Ariana Grande — My Everything: Tenth Anniversary Edition (out) 💿
• Travis Scott — Days Before Rodeo 💿
• Sabrina Carpenter — Taste 🎵
• NCT Dream — Rains in Heaven 🎵
• Coldplay, Burna Boy, Little Simz, Elyanna & TINI — We Pray 🎵
• Any Gabrielly — Sweat 🎵
• Say Now — Trouble 🎵
• Sam Smith & Hikaru Utada — Stay With Me 🎵
• Lainey Wilson — Whirlwind 💿
• Fontaines D.C. — Romance 💿
• Thomas Rhett — About A Woman 💿
• Mura Masa — Curve 1 💿