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Washington Awaits Tehran’s Next Move on Emerging Peace Plan

US President Donald Trump, sitting next to Secretary of State Marco Rubio and Defense Secretary Pete Hegseth, holds a cabinet meeting at the White House in Washington, DC, US, March 26, 2026. The United States is closely monitoring Iran’s pending response to a recently proposed peace framework aimed at easing regional tensions. According to U.S. officials, the proposal—developed through coordination with key international partners—seeks to halt escalating hostilities and open the door to broader diplomatic engagement. While Washington has signaled cautious optimism, it also acknowledges that Iran’s decision will shape the next phase of negotiations. Analysts note that Tehran faces internal and external pressures as it weighs whether to accept terms that could reduce conflict but require significant political concessions. U.S. diplomats say they remain prepared to continue dialogue, emphasizing that a constructive response from Iran could mark a turning point for regional stability. ...

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Tech Stocks Wobble as Micron’s Forecast Disappoints: Market Update

 

US stock futures retreated on Thursday after chipmaker Micron’s outlook put a dent in tech-rally hopes. Investors are closely watching fresh economic data ahead of an inflation reading key to Federal Reserve policy. Here are the key points:

  • Micron’s Impact: Micron’s sales forecast for the current quarter met expectations but failed to satisfy investors looking for stellar outperformance from AI-linked companies. As a result, Micron’s shares slid almost 6% in pre-market trading.

  • Tech Stocks: The bullishness around AI has helped lift the benchmark S&P 500 to a 15% gain this year. However, concerns are growing that the rally could be at risk if the handful of tech companies driving most of those gains stop topping already lofty expectations. Nvidia was down 1.6%, reviving worries of a return to the sell-off that rattled markets last week, as other AI chip stocks came under pressure.

  • Economic Data: Focus is also on updates on GDP and weekly jobless claims due before the market open. Additionally, the PCE inflation print on Friday will influence the Fed’s thinking on timing of interest-rate cuts.

  • Corporate Front: Levi Strauss shares sank over 15% in the wake of a second-quarter revenue miss for the jeans seller. Investors will look to Nike’s quarterly results after the bell for more clues to consumer resilience.

Remember to stay informed and keep an eye on market developments! 

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