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Iran’s Diego Garcia Missile Attempt Signals Expanding Strategic Reach

                                                         The US-UK base on Diego Garcia Iran’s reported missile launch toward the U.S.–U.K. base at Diego Garcia marks a sharp escalation in regional tensions, highlighting Tehran’s growing missile ambitions and the strategic vulnerability of remote military installations.   Iran has reportedly fired two ballistic missiles toward the joint U.S.–U.K. military base at Diego Garcia in the Indian Ocean, according to the semi‑official Mehr news agency. The launch, which occurred on March 21, 2026, did not result in any hits on the base, but it immediately drew global attention due to the long-range nature of the attempted strike.  U.S. officials, cited by The Wall Street Journal , confirmed that the missiles—believed to be intermediate‑range—either failed mid‑flight...
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Stock Market Slump: Dow, Nasdaq, and S&P 500 Slide as Treasury Yields Hit Highest Level Since July

 

The U.S. stock market experienced a notable downturn today as the Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all recorded losses. This decline comes amid rising Treasury yields, which have reached their highest levels since July.

The S&P 500 dropped over 0.5%, while the Dow Jones Industrial Average fell by more than 120 points, or approximately 0.3%. The tech-heavy Nasdaq Composite also slid by around 0.6%.

Investors are reacting to a recent bond-market selloff and are bracing for the upcoming wave of earnings reports. The 10-year Treasury yield steadied around 4.2% after Monday’s sharp gains pushed it above this level for the first time in months.

The market’s performance is being influenced by growing doubts about the Federal Reserve’s future interest rate decisions. Strength in the economy, cautious statements from Fed officials, and concerns about the fiscal impact of the upcoming presidential election are contributing to the uncertainty.

Despite the broader market decline, some companies have shown resilience. General Motors, for instance, raised its guidance for the third time this year, thanks to strong electric vehicle sales, which helped the company beat quarterly profit and revenue expectations.

As investors navigate these turbulent times, the focus remains on the Federal Reserve’s next moves and the ongoing earnings season, which could provide further insights into the market’s direction.


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