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Missile Barrage Deepens Middle East Crisis as Iran Mocks Trump’s Strait Proposal

                                   Emergency personnel respond at a site following Iranian missile barrages in central Israel Iran unleashed multiple waves of missiles on Israel, intensifying a conflict already engulfing the Middle East. The strikes came just a day after U.S. President Donald Trump claimed “very good and productive” talks were underway to halt the war. Israeli officials, however, doubted Iran would accept U.S. terms, and Tehran insisted no negotiations had taken place.  Tehran openly ridiculed Trump’s suggestion that the U.S. and Iran could jointly control the Strait of Hormuz, posting an image of a child’s pink toy steering wheel on social media. The symbolic jab underscored Iran’s rejection of Washington’s overtures and highlighted the growing influence of the Islamic Revolutionary Guard Corps, whose former commander Mohammad Baqer Zolqadr was appointed to l...
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U.S. Shares Mixed: Dow Jones Edges Up 0.12%

 

U.S. equities experienced a mixed session at the close of trading on Monday. While gains in the Basic Materials, Telecoms, and Oil & Gas sectors propelled some shares higher, losses in the Consumer Services, Industrials, and Technology sectors led to declines in others.

Key Highlights:

Dow Jones Industrial Average: A Modest Rise

  • The Dow Jones Industrial Average managed a modest gain of 0.12%.
  • Notable performers on the Dow included:
    • UnitedHealth Group Incorporated (NYSE: UNH), which rose by 2.69%.
    • Intel Corporation (NASDAQ: INTC), adding 1.95%.
    • Nike Inc (NYSE: NKE), up by 1.93%.

Sector Movement:

  • Gainers:
    • Moderna Inc (NASDAQ: MRNA) surged by 8.69%.
    • Paramount Global Class B (NASDAQ: PARA) saw a 6.31% increase.
    • Albemarle Corp (NYSE: ALB) gained 5.43%.
  • Losers:
    • EQT Corporation (NYSE: EQT) declined by 7.78%.
    • Meta Platforms Inc (NASDAQ: META) fell by 4.42%.
    • Advanced Micro Devices Inc (NASDAQ: AMD) dropped 4.34%.

NASDAQ Composite: A Slight Decline

  • The NASDAQ Composite index experienced a decline of 0.41%.

Commodities and Currency:

  • Gold Futures for April delivery rose slightly by 0.13%.
  • Crude oil for delivery in April increased by 0.13%.
  • The EUR/USD exchange rate remained unchanged.
  • The US Dollar Index Futures showed a slight uptick.

In summary, the U.S. stock market exhibited mixed sentiments, with the Dow Jones inching upward while the NASDAQ Composite faced a slight decline. Investors continue to monitor sector-specific movements and global economic indicators.


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