Skip to main content

Featured

Washington Signals Swift Timeline for Iran Operation

US official said that achievable objectives of Operation Epic Fury are expected to last about six weeks. The White House says it expects U.S. military objectives in Iran to be achieved within four to six weeks , emphasizing that Operation Epic Fury is progressing as planned. According to Press Secretary Karoline Leavitt, the campaign has already weakened Iran’s naval capabilities and sharply reduced missile attacks, putting the U.S. “well on its way” toward its strategic goals.  The operation, now in its second week, focuses on dismantling Iran’s ballistic missile infrastructure, degrading its navy, and limiting its pathway to nuclear weapons. Officials maintain that U.S. stockpiles and resources are sufficient to sustain the mission through its projected timeline.  As regional tensions escalate, Washington continues to frame the operation as both achievable and time‑bound, reinforcing its confidence in meeting objectives by early April.
Post a Comment
Read more

article

Labels

US Futures Tread Water After S&P 500’s Record Close

                                        

US stock futures held steady on Wednesday following a record close for the S&P 500. Investors are closely watching fresh economic data and Federal Reserve minutes for hints on potential rate cuts in this holiday-shortened session.

  • S&P 500 Futures (ES=F) traded flat after the benchmark index ended Tuesday above 5,500 for the first time.
  • Nasdaq 100 Futures (NQ=F) remained little changed.
  • Dow Jones Industrial Average Futures (YM=F) edged up 0.1%.

The stock market is preparing for an early close (1 p.m. ET) on Wednesday ahead of the Independence Day holiday. Jerome Powell’s remarks on cooling inflation have fueled hopes for an interest-rate cut, even as he signaled no immediate urgency to act. Traders are currently pricing in 65% odds of a rate decrease in September, according to CME’s FedWatch tool.

Eyes are now on updates regarding private payrolls and jobless claims, providing insight into the labor market before the key June jobs report release on Friday. Additionally, data on services activity and factory orders will be closely watched for signs of further economic slowing that could prompt policy adjustments.

In corporate news:

  • Paramount Global (PARA) shares climbed over 12% due to reports that Skydance Media has acquired a controlling stake in the entertainment giant.
  • Tesla (TSLA) shares rose almost 3% in pre-market trading following a 10% surge on Tuesday after the EV maker exceeded Wall Street delivery estimates.

Investors are bracing for the July 4th closure, keeping a keen eye on economic data as they assess the path forward. 


Labels:

Comments

Post a Comment