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Blast at Islamabad Mosque Leaves Dozens Dead

                    Blood stains at the site of a deadly explosion at a Shi'ite Muslim mosque in Islamabad, Pakistan A suicide bomber detonated explosives inside a crowded Shi’ite mosque in Islamabad, killing 31 people and injuring many others during Friday prayers. The attack struck the Tarlai neighborhood, where worshippers had gathered in large numbers, turning a moment of devotion into chaos and devastation. Witnesses described a powerful blast that shattered windows, collapsed parts of the structure, and left victims trapped beneath debris. Emergency teams and local residents worked together to rush the wounded to nearby hospitals, where several remain in critical condition. Authorities have heightened security across the capital as investigators work to determine how the attacker breached the area and whether others were involved. The bombing marks one of the deadliest assaults in the city in years and has intensified ...
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AI Surge Fuels Wall Street Optimism Amidst Fed Watch

 

Wall Street ended on a high note as investors’ enthusiasm for artificial intelligence (AI) outweighed concerns over the upcoming Federal Reserve meeting. The technology sector, led by giants like Alphabet and Tesla, saw a significant rebound, particularly with the Nasdaq index climbing 0.82%. Alphabet’s shares soared following reports of Apple potentially integrating Google’s Gemini AI engine into the iPhone, marking a substantial boost for the communication services sector.

Investors are keenly awaiting the Federal Reserve’s policy update, with mixed feelings about the potential outcomes. While the AI sector’s prospects have injected optimism, there’s a palpable tension regarding the Fed’s next move. The Dow Jones rose modestly by 0.20%, and the S&P 500 gained 0.63%, reflecting a cautious yet hopeful market stance.

In contrast, the Toronto Stock Exchange (TSX) experienced a slight dip, diverging from its American counterparts. This minor setback, however, has not dampened the overall market sentiment, which remains buoyed by the AI-driven tech rally. As the week progresses, all eyes will be on the Federal Reserve’s decision, which is expected to bring clarity to investors’ lingering questions about the future of monetary policy.

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