Futures Slump, Ignoring Korean Euphoria, After Iran Rejects Trump Enriched Uranium Demands
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Source: Zero Hedge
Published: 2026-05-21 21:38 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Middle East, Asia, Military & Defence, South Korea, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Tax & Budget, Trade & Sanctions, World News, US Politics, Business & Economy, War & Conflict, Asia Pacific, Technology
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Snippet:
A steady rebound in US equities driven by peak insanity in Korea (where the two chip stocks that account for most of the market surged and sent the Kospi soaring more than 8% overnight) faded after a report that Iran’s Supreme Leader issued a directive that the country’s near-weapons-grade uranium must remain in the country, rejecting Trump's key ceasefire demand, while oil and bond yields jumped as traders waited in mounting futility to see whether hopes of a peace deal
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