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Wall Street Sinks as Tariff Jitters and AI Volatility Rattle Investors

U.S. stocks tumbled in a broad sell‑off today, with the Dow Jones Industrial Average plunging roughly 800 points as renewed tariff concerns and a wave of AI‑related volatility shook market confidence. The S&P 500 and Nasdaq also slid sharply, extending a week of choppy trading driven by political uncertainty and rapid shifts in tech sentiment. Investors reacted to escalating fears that new tariff measures proposed by President Trump could disrupt global supply chains and pressure corporate earnings. Tech stocks—already sensitive to policy shifts—were hit particularly hard as traders unwound positions tied to what analysts have dubbed the “AI scare trade,” a fast‑moving rotation away from high‑growth names. Market strategists noted that the combination of geopolitical tension, policy ambiguity, and stretched valuations created a perfect storm for a sharp pullback. Still, some analysts argue that the downturn reflects a recalibration rather than a fundamental shift, pointing out t...
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Former UK Minister Lord Mandelson Arrested Amid Epstein File Revelations

 

Peter Mandelson has been arrested at his home in Camden Town on suspicion of misconduct in public office.



British political figure Lord Peter Mandelson has been arrested in London on suspicion of misconduct in public office following newly released documents linked to the Jeffrey Epstein investigation. According to multiple reports, the former Labour minister and ex‑U.S. ambassador is alleged to have passed sensitive or market‑moving government information to Epstein during his time in office. 

Metropolitan Police officers detained the 72‑year‑old at his London home, where he was taken in for questioning. The allegations stem from emails dating back to 2009 that appear to show Mandelson sharing confidential assessments with Epstein, a convicted sex offender who died in 2019. 

The arrest follows the recent release of U.S. Department of Justice files related to Epstein, which have triggered renewed scrutiny of several high‑profile figures. Authorities are investigating whether Mandelson leaked market‑sensitive information during the global financial crisis, a claim he has previously denied. 

As the probe continues, Mandelson has not issued a public statement, though sources close to him maintain he did not act criminally or for personal financial gain. 

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