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Trade Tensions Rattle Wall Street’s Momentum

After an impressive streak of gains that pushed major U.S. indices to record highs, the stock market faced a sharp reversal as renewed trade tensions triggered investor anxiety. The Dow Jones Industrial Average, S&P 500, and Nasdaq all pulled back in Friday’s session, with financials and industrials leading the retreat. Concerns were reignited after new tariffs targeting tech and manufacturing imports between the U.S. and China surfaced, prompting fears of escalating economic friction. These measures, aimed at protecting domestic industries, were met with criticism from global partners and stoked uncertainty about the broader trade landscape. Analysts note that while earnings remain strong and economic indicators are still resilient, the shadow of protectionism looms large. Investor sentiment, which had been buoyed by dovish monetary policy and solid corporate results, now finds itself caught in geopolitical crosswinds. Many traders are now recalibrating their expectations heading ...
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Russia Urges Diplomacy Over Threats Against Iran

In a recent statement, Russia has cautioned against the use of military force on Iran, following threats from U.S. President Donald Trump. Moscow emphasized that bombing Iran would not lead to peace and urged for diplomatic solutions instead. Kremlin spokesperson Dmitry Peskov highlighted the importance of dialogue over confrontation, while Foreign Ministry spokeswoman Maria Zakharova stated that the world is growing weary of constant threats against Iran.

The tensions arise as Iran approaches talks with the U.S. regarding its nuclear program. These discussions are marked by skepticism from Tehran, which has expressed doubts about Washington's intentions. The U.S. has accused Iran of covertly pursuing nuclear weapons, a claim Tehran denies.

Russia, maintaining a strategic partnership with Iran, has called for balanced solutions to address Western concerns about Iran's uranium enrichment while avoiding a crisis in the Middle East.

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