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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Scarborough Pub Shooting Leaves 12 Injured, Suspects Remain at Large

A tragic shooting unfolded late Friday night at a pub near Scarborough Town Centre in Toronto, leaving 12 people injured. The incident occurred around 10:40 p.m. at the Piper Arms Pub, located on Progress Avenue. Toronto police reported that six of the victims sustained gunshot wounds, though none of the injuries are life-threatening. The victims range in age from their 20s to mid-50s.

Authorities have identified three male suspects who entered the pub and opened fire. The suspects were last seen fleeing the scene in a silver car, with one reportedly wearing a black balaclava. A command post has been established near the pub as police continue their investigation. Progress Avenue remains closed between Ellesmere Road and Highway 401.

Toronto Mayor Olivia Chow expressed her concern, stating that all necessary resources have been deployed to apprehend the suspects. She extended her thoughts to the victims and their families.

This incident has left the community shaken, as the pub was celebrating its grand opening on the night of the shooting. Police urge anyone with information to come forward.


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