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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 Meltdown: Dow Plunges 900 Points Amid Recession Fears

                                                  

The U.S. stock market experienced a sharp downturn on Monday, with major indices posting significant losses as concerns over a potential recession gripped investors. The Dow Jones Industrial Average dropped nearly 900 points, marking a 2.08% decline, while the tech-heavy Nasdaq Composite suffered its worst day since 2022, falling 4%. The S&P 500 also slid 2.7%, reaching its lowest level in six months.

The sell-off was driven by growing uncertainty surrounding tariff policies and their potential impact on the economy. Comments from President Trump over the weekend, describing the current economic situation as a "period of transition," further fueled market jitters. Key technology stocks, including Tesla, Nvidia, and Alphabet, led the declines, with Tesla experiencing a 15% drop.

Investors sought refuge in defensive sectors such as utilities and consumer staples, while Treasury yields fell amid expectations of a slowdown. The market's volatility index spiked, reflecting heightened fear among traders.


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