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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...

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A Pause in Conflict: Putin Declares Ceasefire to Honor WWII Anniversary

In a significant announcement, Russian President Vladimir Putin has declared a three-day ceasefire in the ongoing conflict with Ukraine. The truce, set to take place from May 8 to May 10, coincides with the 80th anniversary of the Soviet Union's victory in World War II. The Kremlin emphasized that all military actions would be suspended during this period and urged Ukraine to follow suit.

This announcement follows a recent Easter ceasefire, which was marred by accusations of violations from both sides. While the gesture appears to signal an interest in peace, skepticism remains high among Ukraine and its allies, who question the sincerity of Russia's intentions.

The ceasefire aligns with Victory Day celebrations, a deeply significant occasion in Russia, commemorating the defeat of Nazi Germany. However, the international community remains cautious, awaiting Ukraine's response and monitoring the truce's implementation.

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