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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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Rosemary & Garlic-Basted Sirloin Steak

 

Master the perfectly seared sirloin steak with this easy method while playing with fresh herbs to enhance the flavor. The key to success: letting the meat come to room temperature before adding it to the pan to ensure it cooks evenly. Rosemary and garlic give it an irresistible herby finish. For the best results, let the steak rest before serving.

Ingredients:

  • 1 pound boneless top sirloin steak, trimmed
  • 1 tablespoon extra-virgin olive oil
  • ¾ teaspoon kosher salt, divided
  • ½ teaspoon ground pepper, divided
  • 4 medium cloves garlic, minced
  • 2 medium shallots, sliced lengthwise
  • 1 ½ tablespoons butter
  • 1 sprig fresh rosemary, plus more for garnish

Instructions:

  1. Heat a large cast-iron skillet over medium-high heat.
  2. Add the steak and cook for 1 minute.
  3. Add the minced garlic, sliced shallots, butter, and rosemary to the skillet.
  4. Cook, tilting the pan slightly to pool the butter and drippings on one side, for 1 minute.
  5. Use a spoon to baste the steak with the butter mixture.
  6. Season the steak with the remaining salt and pepper.
  7. Transfer the pan to the oven rack at the highest position.
  8. Broil the steak for 1 to 2 minutes until cooked to your desired degree of doneness.
  9. Remove the steak from the pan and let it rest for about 5 minutes.
  10. Garnish with additional fresh rosemary if desired.


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