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Wall Street Braces as Tech Rout Deepens

US markets looked set for another turbulent session as futures for the S&P 500 and Nasdaq pointed lower, signaling continued pressure on the tech sector. A wave of selling has swept through major technology names this week, and Thursday’s pre‑market action suggested the downturn isn’t over yet. Alphabet remained a major drag after its sharp slide, with investors reacting to concerns about rising AI‑related spending and the uncertain payoff timeline. The pullback has added to broader anxiety across the sector, where valuations have been tested by shifting expectations around growth and profitability. Amazon now sits in the spotlight as traders await its upcoming earnings report. With sentiment already fragile, the company’s results could either steady the market or accelerate the sell‑off, depending on how its cloud and retail segments perform. Commodities also reflected the risk‑off mood. Silver prices tumbled, extending a recent decline and underscoring the cautious tone acros...
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Global Trade in Flux: Nations Scramble to Negotiate Trump's Tariffs


The Trump administration has revealed that over 50 countries have approached the White House to discuss the sweeping tariffs announced earlier this month. These tariffs, set to take effect on Wednesday, have sparked global economic uncertainty and fears of a recession. 

Treasury Secretary Scott Bessent emphasized that resolving unfair trade practices would require time and credible offers from affected nations. Meanwhile, President Trump remains steadfast, urging Americans to "hang tough" as he pursues his vision of economic realignment. 

Countries like Vietnam and Israel are actively seeking negotiations, with Vietnam proposing to eliminate tariffs on U.S. goods in exchange for concessions. Allies and adversaries alike are grappling with the implications of these tariffs, which have disrupted financial markets and strained international relations. 

The administration's move has drawn mixed reactions, with some praising the bold stance on trade and others warning of inflationary pressures and potential economic fallout. As nations scramble to respond, the global trading system faces a pivotal moment of transformation.

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