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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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Markets Rebound Amid Fed Chair's Optimism, But Weekly Losses Persis

                                            

U.S. stocks ended the week on a mixed note, with a late rally on Friday following comments from Federal Reserve Chair Jerome Powell. Powell's assertion that the economy remains "in a good place" provided a boost to investor sentiment, helping major indices recover from early declines. However, the week as a whole saw significant losses, driven by ongoing concerns over trade policies and economic uncertainty.

The S&P 500, Nasdaq, and Dow Jones Industrial Average all posted their third consecutive week of declines, marking the longest losing streak since mid-2024. Despite Friday's gains, the S&P 500 recorded its largest weekly drop since September, reflecting broader market volatility.

Powell's remarks emphasized a cautious approach to monetary policy, signaling that the Federal Reserve is not in a rush to cut interest rates. This tempered optimism was met with lingering unease over trade tensions and their potential impact on economic growth.


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