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Markets Rebound as U.S. Ceasefire Proposal to Iran Sparks Investor Optimism

  U.S. stock futures surged early Wednesday as reports of a U.S.-backed ceasefire proposal to Iran boosted market sentiment and pushed oil prices sharply lower. Investors reacted positively to signs of potential de‑escalation in the Middle East, lifting Dow, S&P 500, and Nasdaq futures after a volatile week. U.S. stock futures climbed on Wednesday following reports that Washington sent Iran a 15‑point ceasefire plan aimed at halting the ongoing conflict in the Middle East. The development injected cautious optimism into global markets, which have been rattled by geopolitical tensions in recent weeks.  Futures tied to the Dow Jones Industrial Average and S&P 500 rose around 1% , while Nasdaq 100 futures jumped more than 1% , reversing some of the previous session’s losses. The shift in sentiment was amplified by a sharp retreat in oil prices— WTI crude fell over 5% , easing inflation concerns and improving the outlook for corporate margins.  The reported ceasef...
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China’s recent surge in respiratory illnesses caused by flu and other known pathogens, not COVID-19

 

According to the Chinese health ministry, the recent surge in respiratory illnesses across the country is caused by the flu and other known pathogens, and not by COVID-19. 

The World Health Organization (WHO) has asked China for more data on the respiratory illness spreading in the north of the country, urging people to take steps to reduce the risk of infection . The surge in respiratory illnesses such as flu and RSV has been reported in some parts of China, in the first winter since the country eased its COVID-restrictions. Mycoplasma, which can cause walking pneumonia, is among the bugs that Chinese officials say are behind an outbreak of pneumonia, flu, and COVID-19 in kids.


 


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