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US Stock Futures Edge Up; Israeli PM: Fighting May Resume; Iran: Not to Relinquish Hormuz
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Amid market optimism over potential US-Iran talks, the S&P 500 finished above the 7,000-mark for the first time overnight (15th). The Nasdaq lifted 1.6%, marking a winning streak for 11 days and a record closing high. The DJIA dipped 0.15%. Futures for the three major US stock indices last added 0.1-0.3%.

Israeli Prime Minister Benjamin Netanyahu said in a speech on Wednesday (15th) local time that it is premature to determine the direction and outcome of the situation with Iran, and that fighting may resume.

Related NewsIndustrial Production YoY for Mar in the United States is 0.7%, lower than the previous value of 1.4%.
Iranian Foreign Ministry spokesperson Esmaeil Baghaei, according to Sputnik on Thursday (16th), said a US blockade of the Strait of Hormuz could lead to the collapse of the ceasefire agreement between Iran and the US.

Iranian President Masoud Pezeshkian said he believes no force can compel the Iranian people to surrender. He criticized the US and Israel for attacking civilian facilities, calling the actions shameful and in violation of humanitarian principles.

Xinhua News Agency, citing Iranian media, reported that a military adviser to Iran’s Supreme Leader said Iran is prepared for a prolonged war.

Related NewsCore PPI YoY for Mar in United States is 3.8%, unchanged from its last period. The forecast was 4.1%.


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