Latest / MPC Markets Morning Call
Stocks capitulate as investors tire of Trumps Fantasy-Land
Thursday’s session was a mirror image of Wednesday’s brief relief rally. Iran formally rejected Washington’s 15-point peace framework, submitted its own counter-conditions, and maintained attacks on Israel — while Trump simultaneously extended the energy-attack pause by another 10 days to April 6 and claimed talks were going “very well.” Markets didn’t believe him. The S&P 500 dropped 1.7% to 6,478, heading for a fifth consecutive weekly loss — its longest losing streak in almost two years. The Nasdaq Composite closed at 21,408, down 2.4% on the day and confirmed in correction territory, more…
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