Yesterday, President Trump said that the U.S. is aware of Iranian Supreme Leader Ayatollah Ali Khamenei’s location, although it won’t “take him out (kill!), at least not for now.” Now, Iran has issued a response.
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“No Iranian official has ever asked to grovel at the gates of the White House. The only thing more despicable than his lies is his cowardly threat to ‘take out’ Iran’s Supreme Leader,” said the Iran Mission to the United Nations, New York in an X post.
S&P 500 Remains Resilient amid Israel-Iran Conflict
The Iran Mission added that it would not negotiate or accept peace under duress and that it would react to any threat with a counter-threat in a sign of rising tensions. On Tuesday, Axios reported that Trump was “seriously considering” strikes on Iran’s nuclear facilities.
Despite Iran’s response and the potential of U.S. involvement, the S&P 500 (SPX) is well in the green as the Israel-Iran conflict enters its sixth day. In fact, the benchmark index is slightly higher compared to the start of the conflict on Friday, signaling that investors expect either a quick resolution or a minimal effect on U.S. stocks.
