Skip to main content

Featured

Wall Street Stays Resilient as Nasdaq Hits Record Amid Tariff Turbulence

  Markets defy trade jitters with mixed performance Wall Street wrapped up the week with a show of resilience, as the Nasdaq Composite edged to a fresh record close , buoyed by strong tech earnings and steady economic data. The S&P 500 posted a modest weekly gain , while the Dow Jones Industrial Average slipped 0.3% , reflecting investor caution amid escalating tariff tensions. Despite President Trump’s push for 15% to 20% blanket tariffs on European Union imports , markets largely shrugged off the geopolitical noise. Economic indicators, including a sharp drop in inflation expectations from the University of Michigan’s consumer sentiment survey, helped soothe investor nerves. Netflix’s earnings beat failed to impress, dragging its stock lower, while American Express posted strong results , signaling continued spending strength among affluent consumers. Meanwhile, CRISPR Therapeutics surged 17% after a major insider stock purchase, and Bitcoin briefly topped $118,000 befor...
Post a Comment
Read more

article

Labels

Deadly Car Bomb Targets Pakistani Military Convoy Near Afghan Border

At least 13 Pakistani soldiers were killed and nearly 10 others critically wounded on Saturday when a car packed with explosives rammed into a military convoy in the Mir Ali area of North Waziristan, near the Afghan border.

According to local officials and intelligence sources, the blast was powerful enough to shake nearby homes and cause structural damage. Witnesses described a massive explosion followed by plumes of smoke rising into the sky. The wounded soldiers were airlifted to a military hospital for urgent treatment.

No group has claimed responsibility for the attack. The region has long been a hotspot for militant activity, with several Islamist groups operating across the porous border. Pakistani authorities have accused militants of using Afghan territory to launch cross-border attacks, a claim Kabul denies.

The Pakistani military has yet to issue an official statement. The attack underscores the persistent security challenges in the tribal belt, despite multiple military operations aimed at dismantling militant networks.

Labels:

Comments

Post a Comment