Skip to main content

Featured

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 ...

article

Trade War Escalation Sends Markets Tumbling

                                            

The stock market faced significant turbulence today as futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq slid sharply. This downturn comes in response to China's retaliatory tariffs against the United States, following President Trump's imposition of hefty duties on Chinese imports. Beijing announced an 84% tariff on U.S. goods, escalating tensions between the world's two largest economies.

Investors are grappling with the potential fallout of this trade war, which has already roiled global markets. The S&P 500 edged closer to bear market territory, while the Nasdaq and Dow futures dropped by over 2%. Oil prices also took a hit, with West Texas Intermediate falling below $55 per barrel.

As the trade conflict intensifies, market participants are closely watching for signs of resolution or further escalation. Treasury Secretary Scott Bessent expressed optimism about potential trade deals, but uncertainty remains high. The Federal Reserve's upcoming minutes and inflation data may provide additional insights into the economic impact of these tariffs.


Comments