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Wall St Futures Slip as Geopolitical Uncertainty and Mixed Earnings Weigh on Sentiment

Wall Street futures slipped early Thursday as investors grew cautious in the absence of clear signals on the U.S.–Iran war, while a wave of mixed earnings added to the uncertainty. Iran’s seizure of two ships in the Strait of Hormuz and its demand that the U.S. lift its naval blockade have heightened geopolitical tensions, even after President Donald Trump extended the ceasefire indefinitely. The standoff continues to keep oil prices above $100 per barrel , raising concerns about a potential inflation flare‑up.  Economists warn that even if the conflict eases, the global economy may take time to normalize after one of the largest oil supply disruptions in decades.  As of early morning trading, Dow E‑minis were down 0.73%, S&P 500 E‑minis slipped 0.50%, and Nasdaq 100 E‑minis fell 0.48% , reflecting a broader pullback in risk appetite.  Earnings added another layer of volatility. Tesla shares fell after the company boosted its annual spending plan to more than $25...

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Biden-Trump Debate: Age Concerns Take Center Stage

The upcoming debate between U.S. President Joe Biden and Republican Donald Trump is a crucial moment for both candidates. At age 81, Biden aims to demonstrate his capability to handle the rigors of another four-year term, while Trump, at 78, faces scrutiny over his age and stamina. 

A strong performance by Biden could neutralize concerns and shift focus to policy issues, while a weak showing might impact fundraising and poll standings. Mental fitness remains a key issue for undecided voters, with some expressing worries about Biden’s age. Let’s see how this pivotal debate unfolds! 

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