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Wall Street Sinks as Tariff Jitters and AI Volatility Rattle Investors

U.S. stocks tumbled in a broad sell‑off today, with the Dow Jones Industrial Average plunging roughly 800 points as renewed tariff concerns and a wave of AI‑related volatility shook market confidence. The S&P 500 and Nasdaq also slid sharply, extending a week of choppy trading driven by political uncertainty and rapid shifts in tech sentiment. Investors reacted to escalating fears that new tariff measures proposed by President Trump could disrupt global supply chains and pressure corporate earnings. Tech stocks—already sensitive to policy shifts—were hit particularly hard as traders unwound positions tied to what analysts have dubbed the “AI scare trade,” a fast‑moving rotation away from high‑growth names. Market strategists noted that the combination of geopolitical tension, policy ambiguity, and stretched valuations created a perfect storm for a sharp pullback. Still, some analysts argue that the downturn reflects a recalibration rather than a fundamental shift, pointing out t...

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Tragic Suicide Bombing at Quetta Railway Station Claims 26 Lives

 

In a devastating incident, a suicide bomber detonated an explosive device at a railway station in Quetta, southwestern Pakistan, on Saturday, resulting in the deaths of at least 26 people, including soldiers and railway staff. The attack, which also left around 62 others injured, occurred as nearly 100 passengers were waiting for a train to Rawalpindi.

The explosion caused significant damage to the station, with the steel structure of the platform’s roof blown apart and luggage scattered across the area. Emergency services rushed to the scene, transporting the injured to nearby hospitals, where some of the critically wounded succumbed to their injuries.

The Balochistan Liberation Army, a separatist group, claimed responsibility for the attack, stating that it targeted troops present at the station. This incident follows a recent bombing in the province that killed nine people, including five children.

Prime Minister Shehbaz Sharif condemned the attack, vowing that those responsible would face severe consequences. The international community, including Afghanistan and Russia, also expressed their condolences to the victims’ families.

This tragic event highlights the ongoing security challenges in the region and the need for continued efforts to combat terrorism.


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