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Futures Slip as Geopolitical Tensions Overshadow Strong Bank Earnings

  US stock futures edged lower as investors balanced upbeat bank earnings against rising geopolitical unease tied to escalating tensions involving Iran. Contracts tied to the Dow, S&P 500, and Nasdaq all traded in the red, signaling a cautious start to the trading day. Major banks delivered solid quarterly results, with strong trading revenue and resilient consumer activity helping lift sentiment in the financial sector. Yet the optimism was tempered by concerns that potential US responses to developments in Iran could inject fresh volatility into global markets. Energy prices climbed as traders braced for possible disruptions. The pullback comes at a moment when investors are already navigating a crowded landscape of economic data, inflation readings, and policy uncertainty. With markets on edge, even strong corporate performance wasn’t enough to counter the broader risk-off mood.

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The United States has yet to elect a woman president in its 248-year history


       

The United States, in its 248-year history, has yet to elect a woman president. This could change with Vice President Kamala Harris launching her 2024 presidential campaign. Harris, a 59-year-old Black and Asian-American woman, is backed by President Joe Biden, who recently withdrew from the race due to concerns about his age and health.

Harris’ campaign is already gaining momentum, with significant support from Democratic leaders and a surge in fundraising. Her strong stance on abortion rights resonates with younger voters and progressives, potentially energizing these key demographics. Despite some concerns within the party, Harris is determined to unite the Democrats and defeat Republican candidate Donald Trump in the upcoming election.

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