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Iran Rejects Nuclear Talks with U.S. Following Israeli Strikes

Iran has declared negotiations with the United States over its nuclear program "meaningless" after Israel launched its largest-ever military strike against Iranian targets. Tehran accused Washington of enabling the attack, stating that the U.S. cannot claim to seek diplomacy while allowing Israel to target Iranian territory. The sixth round of U.S.-Iran nuclear talks was scheduled to take place in Oman on Sunday, but the recent escalation has cast doubt on whether the discussions will proceed. Iran maintains that its uranium enrichment program is solely for civilian purposes, rejecting Israeli claims that it is secretly developing nuclear weapons. The U.S. has denied any involvement in Israel’s actions and urged Iran to continue negotiations. However, Iranian officials insist that Israel’s influence over the diplomatic process has undermined any potential for meaningful dialogue. With tensions rising, the future of nuclear diplomacy between Iran and the U.S. remains uncertain...
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US Stock Futures Rise as Techs Power Higher Again

 

US stock futures rose on Monday to put the S&P 500 on track for another record high, as investors became more upbeat about the health of the economy and looked to coming earnings for signs of an AI boom for techs. 

The S&P 500 futures gained 0.3%, after the index notched its first record close since January 2022 on Friday. Dow Jones Industrial Average futures added roughly 0.2%, while those on the tech-heavy Nasdaq 100 jumped 0.6%. 

An AI-fueled surge in tech shares has helped pull stocks out of their early-2024 doldrums, bringing the major indexes into positive territory for January. Given that, quarterly results from the likes of Netflix and Tesla later this week will be closely watched, as how tech earnings perform could well indicate where the market heads in the short term. 

At the same time, the Federal Reserve officials whose comments have buffeted stocks will stay quiet ahead of policymakers’ next meeting on Jan. 30. But readings on GDP and the Fed’s preferred inflation gauge later in the week could shed light on the debate that has been driving markets: when the Fed will pivot to cutting interest rates.


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