Sentiment in world markets remains tethered to the geopolitical situation in the Middle East while the fresh uncertainty following President Trump's rejection of Iran's response to the American peace plan has dampened optimism. The escalation has eclipsed the enthusiasm surrounding the AI sector as well as the euphoria generated by strong corporate earnings.
Wall Street Futures have slipped below the flatline. Benchmarks in Europe are trading on a mostly negative note. Earlier in the day, Asian markets had finished trading on a mixed note.
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