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Trump Pressures Tehran to Move Quickly on U.S. Ceasefire Proposal

A person stands next to the remnant of an Iranian missile, in Beitin village near Ramallah, in the Israeli-occupied West Bank U.S. President Donald Trump has urged Iran to act swiftly on a proposed ceasefire plan aimed at ending nearly four weeks of intense conflict across the Middle East. His remarks came after Iranian Foreign Minister Abbas Araqchi stated that Tehran is reviewing the U.S. proposal but is not engaged in direct negotiations, insisting that current exchanges through intermediaries do not constitute formal dialogue.  Indirect communication between the two countries is reportedly being facilitated by Pakistan, with additional support from Turkey and Egypt. Despite this, Iranian officials maintain a firm stance, emphasizing continued resistance and rejecting the notion of active talks.  Trump, however, has publicly claimed that Iranian leaders are eager for a deal, asserting that they are under immense pressure both domestically and militarily. He warned Tehran...
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US Futures Dip as Investors Seek Inspiration


The US stock market futures are showing a slight decline today as investors search for inspiration amid mixed signals. Let’s break down the key points:

  1. Rate-Cut and AI Growth Hopes Take a Hit:

    • The recent optimism surrounding rate cuts and artificial intelligence (AI) growth has waned. Federal Reserve officials have emphasized that interest rates will remain higher for longer due to persistent inflation concerns.
    • High yields on 10-year Treasury bonds have weighed on growth stocks, particularly megacap Big Tech companies.

  2. Arm’s Revenue Forecast Dampens AI Enthusiasm:

    • Arm, a major chip designer, provided a downbeat annual revenue forecast. This has cast doubt on the AI growth narrative that had previously boosted chip stocks.
    • Shares of Arm dropped 9% in pre-market trading, and sector peers Nvidia and AMD also saw slight declines.

  3. Earnings Season Continues:

    • Warner Bros. Discovery reported earnings that missed estimates, failing to provide support for investors seeking positive catalysts.
    • Other companies, including Roblox and Yelp, are also reporting earnings today as the season winds down.

  4. Macro Front Updates:

    • Keep an eye on weekly jobless claims data, which is due later today.
    • San Francisco Fed Chief Mary Daly is scheduled to speak, potentially providing further insights.

In summary, the stock market remains cautious, with investors closely monitoring earnings reports and macroeconomic indicators. The path forward depends on how various factors play out in the coming days.


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