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Washington Presses Israel to Halt Strikes on Iran’s Energy Network

  Smoke rises in Sharjah, following reports of Iranian attacks after United States and Israel strikes on Iran, in Sharjah, United Arab Emirates, March 1, 2026. The United States has urged Israel to stop its ongoing attacks on Iran’s energy infrastructure, according to multiple reports citing senior U.S. and Israeli officials. Key Developments U.S. officials delivered the request at high political levels and directly to IDF Chief of Staff Eyal Zamir.  The Trump administration outlined several strategic concerns: A desire to maintain the possibility of future cooperation with Iran’s oil sector after the conflict. Fears that continued strikes could harm Iranian civilians.  Warnings that Iran might retaliate with large-scale attacks on Gulf energy infrastructure, a scenario described as a potential “doomsday option.”  Context The request marks a rare moment in which Washington is attempting to restrain Israeli military actions, despite the two nations having ...
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Dow Touches 40,000 for the First Time, But Stocks Pull Back from Records

 

Despite the Dow Jones Industrial Average (DJI) reaching a historic milestone by touching 40,000 for the first time ever, U.S. stocks couldn’t sustain their upward momentum. Here’s a summary of today’s market activity:

  • Dow Jones Industrial Average (DJI): The Dow briefly surpassed 40,000 but closed down 0.1% at 39,869.
  • S&P 500 (GSPC): The S&P 500 dropped around 0.2%, closing just below 5,300 after reaching that level for the first time on Wednesday.
  • Nasdaq Composite (IXIC): The tech-heavy Nasdaq fell about 0.3%.

Factors Influencing the Market

  1. Inflation Concerns: Three Federal Reserve officials—Cleveland Fed President Loretta Mester, New York Fed President John Williams, and Richmond Fed President Thomas Barkin—expressed caution about higher interest rates. Their comments dampened the recent stock rally.
  2. Bond Yields: Investors turned to bonds, pushing the 10-year Treasury yield (TNX) near one-month lows at around 4.33%. On Thursday, yields ticked up slightly to around 4.38%.
  3. Corporate News: Walmart (WMT) reported better-than-expected quarterly profits, revenue, and same-store sales, boosting its stock by over 7%. Meanwhile, Warren Buffett’s Berkshire Hathaway (BKR-B) revealed a $6.7 billion stake in Chubb (CB), ending months of speculation.

Venu Sports: A New Streaming Service

In other news, Disney’s ESPN, Warner Bros. Discovery, and Fox have officially named their upcoming sports streaming service: Venu Sports. Set to debut this fall, Venu Sports will offer an extensive collection of live sports content, representing approximately 55% of U.S. sports rights.

Stay tuned for further market updates and developments! 

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