Dow Jones Dips as U.S.-Iran Ceasefire Uncertainty Grows

The Dow Jones (DJIA) is set to open lower on Thursday as investors grow wary of the possibility of a U.S.-Iran ceasefire in the near term.

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Both sides have exchanged their terms to end the war, although the conditions have minimal overlap. Meanwhile, both Israel and Iran continue to launch attacks with no end in sight. “They better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty!” President Trump said in a Truth Social post.

Pentagon Readies ‘Final Blow’

Meanwhile, the Pentagon is preparing for a “final blow” to Iran that could include the use of ground troops, according to Axios. Officials and sources familiar with the matter said that options include invading the islands of Kharg or Larak, taking over the island of Abu Musa and two smaller islands, and blocking or capturing ships carrying Iranian oil on the eastern side of the Strait of Hormuz.

Trump has shown urgency in ending the war in recent days. On Wednesday, he rescheduled his summit with Chinese President Xi Jinping to May 14-15, possibly signaling that the conflict will draw to a close by then.