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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...

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Tehran Dismisses U.S. Nuclear Diplomacy as “Deception” Amid Rising Tensions

 

The US, its European allies and Israel accuse Tehran of using its nuclear programme to conceal efforts to try to develop the capability to produce weapons.

Iran has sharply rejected Washington’s recent claims of seeking a diplomatic solution to the long-running nuclear dispute, branding the U.S. position as a “deception” and a “blatant contradiction.”

Foreign Ministry spokesperson Esmaeil Baghaei argued that America cannot “simultaneously bomb a country while engaging in diplomatic negotiations and speak of diplomacy.” His remarks came after U.S. envoy Steve Witkoff stated that Washington was in talks with Tehran and expressed a desire for a permanent resolution to the nuclear standoff.

The dispute has intensified following a 12-day conflict between Iran and Israel earlier this year, during which the U.S. joined strikes on Iranian nuclear sites. While Tehran insists its nuclear program is strictly for peaceful purposes, the U.S., its European allies, and Israel accuse Iran of concealing ambitions to develop nuclear weapons.

European powers have threatened to reimpose U.N. sanctions under the “snapback” mechanism but have offered to delay enforcement if Iran restores access for international inspectors and curbs uranium enrichment. Iranian officials, however, remain skeptical, with President Masoud Pezeshkian questioning the credibility of negotiations in which, he said, Western powers “trample on their own commitments.”

Supreme Leader Ayatollah Ali Khamenei reinforced this stance, declaring that talks with Washington would not serve Iran’s interests. The standoff underscores the widening gulf between Tehran and Western powers, with diplomacy hanging in the balance as sanctions loom.


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