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Iran Rejects Nuclear Talks with U.S. Following Israeli Strikes

Iran has declared negotiations with the United States over its nuclear program "meaningless" after Israel launched its largest-ever military strike against Iranian targets. Tehran accused Washington of enabling the attack, stating that the U.S. cannot claim to seek diplomacy while allowing Israel to target Iranian territory. The sixth round of U.S.-Iran nuclear talks was scheduled to take place in Oman on Sunday, but the recent escalation has cast doubt on whether the discussions will proceed. Iran maintains that its uranium enrichment program is solely for civilian purposes, rejecting Israeli claims that it is secretly developing nuclear weapons. The U.S. has denied any involvement in Israel’s actions and urged Iran to continue negotiations. However, Iranian officials insist that Israel’s influence over the diplomatic process has undermined any potential for meaningful dialogue. With tensions rising, the future of nuclear diplomacy between Iran and the U.S. remains uncertain...

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Market Surge Amid Trump's Remarks and Earnings Reports

                                          

The S&P 500 achieved a record closing high on Thursday, rising by 0.5% to 6,118.71, marking its first all-time closing high of 2025. This surge was driven by President Donald Trump's comments at the World Economic Forum in Davos, where he called for lower oil prices and interest rates. Trump's remarks have sparked optimism among investors, who are also closely watching corporate earnings reports.

Meanwhile, the Toronto Stock Exchange's S&P/TSX composite index continued its upward trend, rising for the eighth consecutive session. The index climbed 0.24% to reach 25,371.53, its highest level since December 13, 2024. The energy and consumer staples sectors were the top performers, while metal mining shares saw a decline.

Investors remain focused on upcoming earnings reports from major companies, which could provide further insights into market trends and economic health.



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