Keep pulling the thread on S&P 500.
Bloomberg is reporting that the U.S. and Iran may extend the current ceasefire, set to expire next week, for an additional two weeks.
President Trump stated on Fox Business that he views the conflict with Iran as "very close to over."
The Associated Press reports that the U.S. and Iran have reached an "in principle agreement" to extend their ceasefire to allow for more diplomacy.
The U.S. reportedly proposed a 20-year moratorium on uranium enrichment to Iran during recent negotiations in Pakistan.
The Iranian military has stated that it will consider a continuation of the U.S. blockade to be a violation of the current ceasefire.
The Washington Post reports the U.S. may deploy an additional 6,000 military personnel to the Middle East, adding to the 50,000 already estimated to be in the region.
The U.S. Treasury announced it is considering imposing secondary sanctions on any financial institutions that provide support to Iran.
The U.S. is deploying 6,000 personnel with the George H.W. Bush aircraft carrier strike group and over 4,000 with the Boxer Amphibious Ready Group to the Middle East.
The recent tax bill signed by President Trump makes the Child Tax Credit permanent for 40 million American families.
The Trump administration implemented a policy to share taxpayer information from the IRS with ICE for immigration enforcement purposes.
If the conflict in the Middle East is not resolved within two to three weeks, the economic impact will worsen significantly due to depleted energy reserves and difficulties restarting production.
The IMF's latest assessment indicates that global inflationary pressures are rising, not decreasing.