Ukraine attacked airfield near Engels strategic bomber base, Russian officials say
MOSCOW (Reuters) - An airfield near a Russian strategic bomber base was on fire on Thursday after a major Ukrainian drone attack in southern Russia, according to Russian officials and state media.
The base in Engels, about 700 km (435 miles) from the front lines in Ukraine, hosts Russia's Tupolev Tu-160 nuclear capable heavy strategic bombers.
Roman Busargin, the governor of Saratov, said there had been a Ukrainian drone attack on the town of Engels that had left an airfield on fire and that nearby residents had been evacuated.
He did not specifically mention the Engels base, but it is the main airfield in the area.
Unverified footage on Russian Telegram channels showed a plume of black smoke rising above cottages and what appears to be a major fire rising into the dawn sky.
Russia's defence ministry said air defences had shot down 132 Ukrainian drones over six different regions in southern Russia, including 54 in the Saratov region where the Engels base is located.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
18 minutes ago
- Yahoo
Wall Street futures slip after Trump's steel, aluminum tariff threats
(Reuters) -U.S. stock index futures dipped on Monday after President Donald Trump announced plans to double tariffs on imported steel and aluminum, amplifying concerns about trade- and tariff-related volatility. Trump said on late Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25% starting Wednesday, just hours after he accused China of violating an agreement. The increased levies would deepen Trump's global trade war and douses some enthusiasm stemming from a softening in his trade stance. Last month, a temporary relief on some levies on China and a rollback of steep tariff threats on the European Union, along with strong earnings and improving economic data helped the benchmark S&P 500 log its best monthly performance in 18 months. Shares of U.S. Steel companies rose in premarket trading, with Cleveland-Cliffs jumping 26.2%, Nucor up 14.1% and Steel Dynamics 13.4% higher. "It is really hard to keep up or predict what's going to happen on trade at the moment, and that's before we factor in the full ramifications from the court ruling last Thursday night, and then subsequent brief stay of execution for them on appeal," Jim Reid, global head of macro and thematic research at Deutsche Bank, said in a note. A federal appeals court on Thursday temporarily reinstated most of Trump's 'Liberation Day' tariffs blocked by the Court of International Trade, the day prior. "For now, it seems likely that the tariff uncertainty will linger for a long time ahead even if we're still likely past the peak aggressiveness of U.S. policy," Reid said. At 5:22 a.m. ET, Dow E-minis were down 218 points, or 0.52%, S&P 500 E-minis were down 34 points, or 0.57%. Nasdaq 100 E-minis were down 156.5 points, or 0.73% Most megacap and growth stocks were down, with Tesla leading losses after it reported lower monthly sales in Portugal, Denmark and Sweden. The stock was last down 2%. Focus would be on comments from Fed Chair Jerome Powell later in the day as he presents opening remarks before the Federal Reserve Board International Finance Division's 75th anniversary conference at 1:00 p.m. ET (1700 GMT). Federal Reserve Governor Christopher Waller said on Monday that interest rate cuts remain possible later this year even with the Trump administration's tariffs likely to push up price pressures temporarily. On the data front, a reading of S&P Global U.S. manufacturing PMI is due at 9:45 a.m. ET and an ISM Manufacturing index reading is scheduled for 10:00 a.m. ET. Ahead in the week, investors await a crucial nonfarm-payrolls report due on Friday to ascertain strength in the U.S. economy amid tariff volatility. Among other stocks, Moderna rose 4.6% after the U.S. Food and Drug Administration approved its next-generation COVID-19 vaccine for everyone aged 65 and above. Separately, RBC Capital Markets raised its year-end target for the S&P 500 index to 5,730 from 5,550, citing modestly improved U.S. economic outlook and stronger-than-expected corporate earnings.
USA Today
31 minutes ago
- USA Today
US stock futures lower as investors eye key economic data, tax legislation, tariffs
US stock futures lower as investors eye key economic data, tax legislation, tariffs Show Caption Hide Caption Court blocks Trump's tariffs, saying they exceed legal authority A trade court blocked President Donald Trump's tariffs, saying they exceed his legal authority. U.S. stock futures are lower with all eyes on key economic data, tax legislation and tariffs. Not only will investors follow the twists and turns of tariff policy - last week a federal court halted President Donald Trump's most aggressive tariffs only to see them reinstated by an appeals court hours later - but they'll also look for clues on how the tariff drama has affected the economy. Trade tensions with China have also risen again after Trump last week accused China of violating terms of a tariff pause agreed upon in May. The May jobs report is due at the end of the week and could provide insight into how businesses are handling the threat of much higher pr. Economists, on average, expect the U.S. economy added 130,00le0 nonfarm payroll jobs while the unemployment rate held steady at 4.2%, according to Bloomberg. In April, the U.S. economy added 177,000 jobs with the unemployment rate at 4.2%. "Firms likely paused the hiring of trade and transportation workers but given elevated uncertainty about the steady state on tariffs, we don't think they would have already started shedding workers," said Antonio Gabriel, global economist at Bank of America Securities. While waiting for more clarity on tariffs and the economy, investors also will continue to track Trump's One Big, Beautiful Bill tax legislation that's in the hands of Senators now. The House passed the bill by a single vote. At 6 a.m. ET, futures linked to the blue-chip Dow fell -0.58%, while broad S&P 500 futures slipped -0.65% and tech-heavy Nasdaq futures dropped -0.78%. The S&P 500 and Nasdaq indexes ended higher last week to post in May the their biggest monthly gain since November 2023. Oil prices jump Oil prices rose over the weekend amid escalating strikes between Russia and Ukraine. In the latest attack, Ukraine allegedly destroyed more than 40 planes well within Russian territory, according to The Associated Press. Meanwhile, Hamas rejected a ceasefire deal with Israel, and dozens of Gazans are killed on their way to pick up aid. The geopolitical tensions overshadowed another big increase of 411,000 barrels per day for July from oil producing countries, which would have normally depressed oil prices. Corporate news Moderna's low-dose COVID vaccine mNexspike received Food and Drug Administration approval for adults 65 and older and people age 12 to 64 who have a least one health condition that puts them at increased risk from the coronavirus. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
Yahoo
34 minutes ago
- Yahoo
US stock futures lower as investors eye key economic data, tax legislation, tariffs
U.S. stock futures are lower with all eyes on key economic data, tax legislation and tariffs. Not only will investors follow the twists and turns of tariff policy - last week a federal court halted President Donald Trump's most aggressive tariffs only to see them reinstated by an appeals court hours later - but they'll also look for clues on how the tariff drama has affected the economy. Trade tensions with China have also risen again after Trump last week accused China of violating terms of a tariff pause agreed upon in May. The May jobs report is due at the end of the week and could provide insight into how businesses are handling the threat of much higher pr. Economists, on average, expect the U.S. economy added 130,00le0 nonfarm payroll jobs while the unemployment rate held steady at 4.2%, according to Bloomberg. In April, the U.S. economy added 177,000 jobs with the unemployment rate at 4.2%. "Firms likely paused the hiring of trade and transportation workers but given elevated uncertainty about the steady state on tariffs, we don't think they would have already started shedding workers," said Antonio Gabriel, global economist at Bank of America Securities. While waiting for more clarity on tariffs and the economy, investors also will continue to track Trump's One Big, Beautiful Bill tax legislation that's in the hands of Senators now. The House passed the bill by a single vote. At 6 a.m. ET, futures linked to the blue-chip Dow fell -0.58%, while broad S&P 500 futures slipped -0.65% and tech-heavy Nasdaq futures dropped -0.78%. The S&P 500 and Nasdaq indexes ended higher last week to post in May the their biggest monthly gain since November 2023. Oil prices rose over the weekend amid escalating strikes between Russia and Ukraine. In the latest attack, Ukraine allegedly destroyed more than 40 planes well within Russian territory, according to The Associated Press. Meanwhile, Hamas rejected a ceasefire deal with Israel, and dozens of Gazans are killed on their way to pick up aid. The geopolitical tensions overshadowed another big increase of 411,000 barrels per day for July from oil producing countries, which would have normally depressed oil prices. Moderna's low-dose COVID vaccine mNexspike received Food and Drug Administration approval for adults 65 and older and people age 12 to 64 who have a least one health condition that puts them at increased risk from the coronavirus. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: US stock futures lower as investors eye economic data, tax, tariffs Sign in to access your portfolio
