Iranian Foreign Minister Araghchi said on the 31st that Iran has no current plans to meet US officials after senior-level review of a letter from US Vice President Vance. He called the letter a constructive step but warned that if its aim is to sow division in Iran it would be a mistake. Araghchi said speculation about meetings is media hype and that Iran sees no need to meet unless the US accepts Iran’s conditions; mediators are still negotiating those conditions in Doha, where an Iranian deleg

Nasdaq-100 fell as much as 4.5% intraday on Friday and is now more than 10% below its recent peak, triggering its third technical correction of the year. The index was down roughly 3% for the week. Disappointing results from Alphabet (GOOG.O), Amazon (AMZN.O), Intel (INTC.O) and ServiceNow (NOW.O) set off a tech selloff, and rising financing needs among tech firms have added to sector volatility. Strategists say investors are re-evaluating AI returns and are increasingly focused on return on invested capital and the likelihood of recouping principal rather than assuming guaranteed outsized gains. US equities last recorded three or more 10% swings in a single year in 2022.

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