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Markets Waver as Jobs Data and Trade Talks Take Center Stage

U.S. stock futures were on shaky ground Wednesday morning as investors digested a surprising drop in private-sector employment and braced for potential turbulence from looming trade deadlines. The Dow Jones Industrial Average  hovered near the flatline, while S&P 500 futures  dipped 0.1% and Nasdaq 100 contracts  slid 0.3%. The latest ADP report  revealed that private employers cut 33,000 jobs in June , marking the first monthly decline in over two years and falling far short of economists’ expectations for a 98,000-job gain. This unexpected contraction has intensified speculation that the Federal Reserve  may consider interest rate cuts sooner than anticipated. Meanwhile, attention is turning to President Trump’s trade negotiations , with a July 9 deadline fast approaching for the resumption of steep “reciprocal” tariffs. Markets are watching closely to see if deals can be struck with key partners like the EU and Japan , as failure to do so could stoke infl...
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Fragile Truce: India-Pakistan Ceasefire Tested by Overnight Clashes in Kashmir

A ceasefire agreement between India and Pakistan was shaken by intense overnight border fighting in the disputed Kashmir region. Residents on both sides of the Line of Control reported heavy exchanges of fire between Indian and Pakistani troops, though the fighting subsided by Sunday morning.

The ceasefire, reached just a day earlier after diplomatic talks, was intended to halt military action following a deadly attack on tourists in Indian-controlled Kashmir. However, both nations accused each other of violating the agreement within hours of its announcement. Reports indicate that drones were spotted over Indian-controlled Kashmir and Gujarat, further escalating tensions.

In the Poonch area of Indian-controlled Kashmir, civilians described the shelling as traumatic, forcing many to flee their homes. Similarly, in Pakistan-controlled Kashmir’s Neelum Valley, residents expressed uncertainty about the ceasefire’s stability.

Despite the unrest, diplomatic efforts continue, with military officials from both sides scheduled to hold further discussions on Monday. The situation remains volatile, and the world watches closely as the nuclear-armed neighbors navigate this fragile peace.

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