US Futures Fall as Iran Talks Fail
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US stock futures fell over 1% following President Trump's blockade of the Strait of Hormuz after failed negotiations with Iran. Vice President JD Vance left Islamabad without an agreement, as Iran sought control of the strait and other demands. The blockade has increased energy prices and inflation risks, potentially delaying central bank rate cuts. The first-quarter earnings season begins this week, with major banks set to report results.
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