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Tehran Rocked by Renewed Israeli Strikes as Iran’s Leadership Council Assumes Control

  A woman reacts as she holds a placard with an image of Iranian late Supreme Leader Ayatollah Ali Khamenei, at a rally in solidarity with Iran after U.S. and Israeli strikes killed Ali Khamenei, in Beirut, Lebanon. Israel has launched another wave of airstrikes on Tehran, intensifying a rapidly escalating regional crisis just one day after the assassination of Iran’s Supreme Leader, Ali Khamenei. According to multiple reports, Israeli officials said the renewed strikes were intended to maintain air dominance as Iran faces its most significant leadership vacuum in decades.  The power void left by Khamenei’s killing has prompted Iran to activate a leadership council to stabilize governance. Inside the country, reactions have been sharply divided—some mourning the long‑time leader, others openly celebrating his death, revealing deep internal fractures.  The military confrontation has widened beyond Iran’s borders. Iran has retaliated with missile barrages targeting Israe...

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Market Turmoil: Nasdaq Hits Correction Territory Amid Tariff Uncertainty

                                             

The U.S. stock market faced a sharp downturn today, with major indices taking significant hits. The Nasdaq Composite officially entered correction territory, dropping over 10% from its December highs. The S&P 500 also plummeted to its lowest level since November, while the Dow Jones Industrial Average fell by over 400 points.

This market turbulence comes in the wake of tariff-related uncertainty stemming from the Trump administration. Recent announcements of pauses on tariffs for certain Mexican and Canadian goods have left investors grappling with the potential economic impact. Meanwhile, tech stocks led the retreat, with semiconductor companies like Marvell, Nvidia, and AMD experiencing steep declines.

Adding to the market's woes, soft economic data and concerns about stagflation have heightened fears of a slowing U.S. economy. Investors are now closely watching the upcoming jobs report, which could further influence market sentiment.

The volatility underscores the precarious balance between policy decisions and market stability, leaving traders and analysts bracing for what lies ahead.

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