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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...

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Mixed Signals in the Stock Market Amid Earnings Reports

 

U.S. stock futures showed mixed results on Thursday, with the S&P 500 and Nasdaq futures inching up, while the Dow Jones Industrial Average slipped as earnings reports continued to flood in.

Investors are closely watching the latest earnings reports from major banks and retailers, which have shown a mix of strong performances and some disappointments. The S&P 500 futures rose by 0.1%, and Nasdaq futures gained roughly 0.3%, while Dow Jones futures fell by 0.2% due to a decline in UnitedHealth stock.

The market is still benefiting from a recent easing in consumer inflation, which has led to increased bets that the Federal Reserve may lower interest rates before July. This optimism was further supported by strong earnings from Bank of America and Morgan Stanley, although UnitedHealth's revenue fell short of estimates.

As the market awaits more earnings reports and economic data, including the December retail sales report and jobless claims update, investors remain cautiously optimistic about the potential for rate cuts and continued economic growth.




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