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S&P Futures Jump To Record, Oil Tumbles On Report Iran Foreign Minister Going To Pakistan
US equity futures jumped to a new all time high, reversing modest overnight losses, and oil tumbled to session lows on reports that Iran is sending a delegation to Pakistan today for talks, boosting hopes of ceasefire extension or more. Iranian Foreign Minister Araqchi is expected to arrive in Islamabad at 22:00 local time (1:00pm ET), the NY Post reports. As of 8:00am ET, S&P futures rallied as much a 0.6% to a new all time high of 7,190, reversing a modest loss in overnight trading as Brent tumbled from $107 to around $104 on the report. Tech shares rallied on the back of strong results from Intel and SAP SE, with the Nasdaq 100 up 1.3% and on track for a fourth straight weekly gain with most Mag 7 stocks trading higher. INTC added +29% amid surprises in both earnings and sales across all major businesses; the move will almost certainly extend the gains for semiconductor stocks to 18 straight days. ...
In its March 2026 Annual Threat Assessment of The US Intelligence Community report, the US Office of Director of National Intelligence has highlighted Pakistan as on the path to developing missile technology that can threaten the US itself....
Apple is set to manufacture and refurbish iPhones in Pakistan, with the government offering incentives like discounted land and an 8% performance bonus. This move aims to boost local employment and position Pakistan as an export hub for electronics. The new policy also encourages increased use of local parts in manufacturing....
Indian traders are intensifying the boycott of Turkish products, triggered by Turkiye's support for Pakistan. Fruit vendors in Rajasthan's Alwar have stopped selling Turkish apples, following a similar move by marble traders in Ajmer. The Alwar Fruit Mandi Union is displaying "Boycott of Turkish apples" posters and promoting alternatives from Kashmir, Himachal Pradesh, and South Africa....
Zitat des Tages: Also denk bei allem, was dich in Kummer versetzt, daran, folgenden Leitsatz anzuwenden: Nicht nur ist das kein Unglück, sondern es tapfer zu tragen ist ein Glück. - Mark Aurel