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Trump Pushes Iran Strike Deadline Into April Amid Intensifying Regional Tensions

Onlookers watch from a window the site of a residential building damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 27, 2026.  U.S. President Donald Trump has extended the deadline for Iran to reopen the Strait of Hormuz or face strikes on its energy infrastructure, moving the cutoff to April 6 at 8 p.m. EDT (April 7 GMT) . The decision follows Tehran’s rejection of a 15‑point U.S. proposal aimed at ending the conflict, which has already spread across the Middle East and disrupted global energy markets.  The conflict, now in its fourth week, has resulted in thousands of casualties and sent oil and fertilizer prices soaring, fueling global inflation concerns. The United States and Israel began striking Iranian targets on February 28 after nuclear negotiations failed to produce a deal. Trump stated that talks are “going very well,” though Iran denies any direct engagement with Washington.  Trump’s extension comes after he previously pau...
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Stock Market Stumbles Post-Christmas as Investors Eye Jobs Data

                                        

U.S. stock futures fell Thursday as trading resumed after the Christmas holiday, with Wall Street bracing for the release of weekly jobless claims data. Futures tied to the S&P 500 and Nasdaq declined by 0.3%, while Dow Jones Industrial Average futures dropped 0.4%.

The market's struggle to extend the "Santa Claus rally" saw major indexes like the S&P 500 and Nasdaq nearing record highs after recovering from a Fed-fueled dip last week. Investors are now keenly awaiting the jobless claims report, which has taken on greater significance in the absence of other economic data this week.



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