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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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Devastating Earthquake in Myanmar: Death Toll Surpasses 1,000

A powerful 7.7-magnitude earthquake struck Myanmar on March 28, 2025, leaving a trail of destruction and despair in its wake. The quake, centered near Mandalay, the country's second-largest city, has claimed over 1,000 lives, with more than 2,400 injured and many still missing. 

The disaster has caused widespread devastation, toppling buildings, buckling roads, and collapsing bridges. Rescue efforts are ongoing, but the scale of the destruction, coupled with power outages and limited resources, has made the situation dire. Myanmar's ongoing civil conflict has further complicated relief operations, leaving many communities isolated and in desperate need of aid.

Neighboring countries, including India and China, have stepped in to provide humanitarian assistance, sending rescue teams and essential supplies. However, the full extent of the tragedy is still unfolding, and the death toll is expected to rise as rescuers continue to search through the rubble.

This earthquake is one of the deadliest to hit Myanmar in over a century, highlighting the urgent need for international support and disaster preparedness in the region.

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