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Tariff Ultimatum on Iran Trade Sparks Global Tension

                                                Doing Business With Iran? Trump Says Pay a 25% US Tariff. A new 25% tariff threat from President Donald Trump has sent a jolt through international markets, after he declared that any nation continuing to trade with Iran would face steep U.S. penalties. The announcement, delivered abruptly through social media, signaled a sharp escalation in Washington’s effort to isolate Tehran economically. The move comes amid heightened criticism of Iran’s internal crackdown on dissent, which U.S. officials argue warrants stronger international pressure. By targeting not just Iran but its trading partners, the administration aims to force countries—including major global players—to reconsider their economic ties with Tehran. The threat immediately stirred uncertainty across global markets. Oil prices climbed...
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Stocks Open on a Positive Note as Earnings Season Kicks Off

 

The stock market opened on a positive note today, with stocks edging up as the earnings season kicks off. The Dow Jones Industrial Average rose by 0.2%, or about 75 points, while the benchmark S&P 500 gained 0.4% and the tech-heavy Nasdaq Composite advanced about 0.3%. 

The earnings season is seen as a crucial chance for stocks to shake off the losses built in the year so far. JPMorgan Chase, Bank of America, and Wells Fargo all posted decent results on Friday, but the latter two saw shares fall as they failed to settle nerves about potential pain ahead.

Oil prices jumped more than 2% after the US and its allies launched airstrikes against Houthi rebels in Yemen, drawing threats of reprisals from the Iran-backed group behind Red Sea attacks on shipping. Meanwhile, investors are looking for more insight into price pressures after the consumer CPI reading came in hotter than expected on Thursday. 

On Friday, the producer price index showed an unexpected fall in prices last month, boosting hopes that inflation will continue to cool in the months ahead.



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