Markets chop to geopolitics while Trump holds off on immediate Iran attack - Newsquawk US Market Wrap

REAR VIEW: Trump instructed Hegseth to hold off on the Iran attack that was planned for tomorrow; White House believes updated Iran proposal is not a meaningful improvement & insufficient for a deal; US official tells CNBC the Iranian state media report that US agreed to lift oil sanctions while talks are ongoing are false; Trump warns clock is ticking for Iran; White House believes Iran reports fundamental differences between the Iranian and American texts still remain; Kevin Warsh to be sworn is as next Fed Chair on Friday; UK's Burnham fully rules out changing Chancellor Reeves’ fiscal rules if he becomes PM; NEE to acquire D; Berkshire exits UNH.

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