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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.
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Eid al-Fitr 2024: A Time of Joy Amidst Global Reflection

 


As the crescent moon heralds the end of Ramadan, Muslims across the Arab world and beyond gather to celebrate Eid al-Fitr, a festival of breaking the fast, marked by communal prayers, feasts, and charity. This year’s festivities are tinged with a global consciousness, as communities worldwide reflect on current events and the true spirit of Eid as a time for unity, compassion, and giving.

In the Waterloo region, the day is filled with various events, embracing the joyous occasion as a public school board PD day allows students to join in the celebrations. Meanwhile, the global Muslim community feels the weight of the ongoing crisis in Gaza, reminding us that Eid is also a time for solidarity and support for those in need.

From the sighting of the moon to the final communal prayers, Eid al-Fitr is a testament to the enduring spirit of a community that, even in the face of adversity, finds reasons to celebrate hope, togetherness, and gratitude for life’s blessings.

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