White House Press Secretary Karoline Leavitt said in a media briefing on Wednesday that "If Iran fails to accept the reality of the current moment… President Trump will ensure they are hit harder than they have ever been hit before… he is prepared to unleash hell."
This unfolded as President Donald Trump said on Wednesday that Iran was eager to reach a deal to end nearly four weeks of fighting, contradicting Iran’s foreign minister, who said Tehran was reviewing a U.S. proposal but had no plans to negotiate an end to the conflict.
Meanwhile, the 10-year Treasury bond yielded 4.37%, and the two-year bond was at 3.94%. The CME Group's FedWatch tool‘s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.
Index
Performance (+/-)
Dow Jones
-0.47%
S&P 500
-0.55%
Nasdaq 100
-0.65%
Russell 2000
-0.92%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Thursday. The SPY was down 0.58% at $652.98, while the QQQ declined 0.67% to $583.91.
Stocks In Focus
Olaplex Holdings
Olaplex Holdings Inc. (NASDAQ:OLPX) surged 48.12% in premarket on Thursday after it announced to be acquired by Henkel AG & Co. KGaA for $2.06 per share in cash, representing an equity value of approximately $1.4 billion.
Benzinga’s Edge Stock Rankings indicate that OLPX maintains a weak price trend over the long, short, and medium terms.
FiscalNote Holdings
FiscalNote Holdings Inc. (NYSE:NOTE) shares declined 3.94% after it received ...
