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Eid Brings a Brief Calm as Pakistan and Afghanistan Agree to Ceasefire

Taliban soldiers sit next to an anti-aircraft gun while on lookout for Pakistan's fighter jets, in Khost province, Afghanistan. In a rare moment of de‑escalation, Pakistan and Afghanistan have agreed to temporarily halt hostilities ahead of Eid al‑Fitr, offering a brief respite after weeks of intensifying cross‑border tensions.  The ceasefire—requested by Saudi Arabia, Qatar, and Turkey—comes after a series of deadly incidents, including a controversial Pakistani airstrike on a Kabul drug rehabilitation hospital that Afghan officials say killed hundreds. The pause is set to last through the Eid holiday, beginning at midnight on Wednesday and continuing until Monday.  Officials in Islamabad described the move as a “gesture of good faith,” expressing hope that the truce will allow civilians on both sides to observe the holiday in peace. Kabul, meanwhile, held mass funerals for victims of the recent strike as it announced its own halt to fighting.  While the ceasefire of...

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Wall Street Pushes Higher as Markets Seek a Steady Finish

 

US stocks moved upward as the Dow, S&P 500, and Nasdaq all posted gains, offering investors a calmer end to what has been a choppy week. Technology shares once again played a central role in lifting market sentiment, with major chipmakers and AI‑linked companies helping drive the Nasdaq higher.

A strong earnings report from a leading semiconductor manufacturer boosted confidence across the tech sector, sparking renewed interest in companies tied to artificial intelligence and advanced chip production. Several major tech names followed with solid rebounds, reinforcing the sector’s momentum.

Financial stocks also added support after a series of upbeat earnings from large banks earlier in the week. Investors are now watching upcoming results from regional lenders, which could help shape expectations for the sector’s stability in the months ahead.

Despite lingering geopolitical concerns and earlier volatility, the market’s tone improved as the week progressed. With tech strength and steady corporate results providing a cushion, Wall Street appears poised to close the week on firmer footing.


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