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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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Wall Street Edges Higher Ahead of Key Jobs Data Revision


US stocks inched upward on Tuesday as investors treaded cautiously ahead of a closely watched revision to employment figures that could reshape expectations for Federal Reserve policy.

Futures tied to the Dow Jones Industrial Average rose 0.1%, while the S&P 500 and Nasdaq 100 each gained about 0.2%, extending Monday’s record-high levels. Economists anticipate the Bureau of Labor Statistics will cut roughly 700,000 jobs from its employment tally for the year ending March 2025 — a move that could underscore signs of a cooling labor market.

The potential downgrade has fueled speculation that the Fed will deliver an interest-rate cut at next week’s policy meeting, with debate now centering on the size of the reduction. Inflation readings due later this week — including the Producer Price Index on Wednesday and Consumer Price Index on Thursday — will further shape the outlook.

On the corporate front, Apple is set to unveil its latest devices, including the iPhone 17, while shares of Tourmaline Bio and Nebius surged over 50% in premarket trading on deal news. Earnings from Oracle and GameStop are due after the closing bell.


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