The S&P 500 (SPX) is trading lower on Friday as investors digest yet another sign of escalating tensions between the U.S. and Iran.
Claim 30% Off TipRanks
Forget margin or options. Here's how the pros trade QQQThe White House is considering sending up to 10,000 additional combat troops to the Middle East in the next few days, a senior U.S. defense official told the Wall Street Journal. The move comes despite President Trump delaying strikes on Iranian power plants until April 6 and saying that peace talks “are going very well.”
U.S. Weighs Military Options Against Iran
Earlier this week, Axios reported that the Pentagon is preparing a “final blow” to Iran that could involve deploying ground troops and a large-scale airstrike operation. Trump hasn’t decided which course of action to take yet, but sources say he’s prepared to escalate if talks with Iran don’t produce concrete results soon.
A senior Iranian official noted that the country is interested in negotiations but has not responded to a request from the U.S. to hold an official meeting. The official added the meeting is still awaiting approval from Mojtaba Khamenei, Iran’s new supreme leader.