ChaeDoc

This is absolutely insane: At 7:04 AM ET today, President Trump said “the US and Iran have had productive discussions" to end the Iran War. By 7:10 AM ET, the S&P 500 surged +240 points adding +$2 TRILLION in market cap. 27 minutes later, Iran completely denied all of President Trump's claims and said there has been "no contact" with the US. By 8:00 AM ET. the S&P 500 had fallen -120 points erasing -$1 trillion in market cap. That's a $3 TRILLION swing market cap in 56 minutes, just in the S&P 500. What is happening here?

Israel says it has launched an “extensive” wave of attacks targeting Iran’s capital, Tehran.

TALKS PROGRESS, STRIKES DELAYED Trump: “The United States and Iran have had productive discussions over the past two days toward fully resolving hostilities in the Middle East. As talks continue this week, I’ve ordered a five-day pause on any military strikes against Iranian energy infrastructure, contingent on progress. Thank you. —President Donald J. Trump”

🚨🚨Trump on Truth Social: I AM PLEASE TO REPORT THAT THE UNITED STATES OF AMERICA, AND THE COUNTRY OF IRAN, HAVE HAD, OVER THE LAST TWO DAYS, VERY GOOD AND PRODUCTIVE CONVERSATIONS REGARDING A COMPLETE AND TOTAL RESOLUTION OF OUR HOSTILITIES IN THE MIDDLE EAST. BASED ON THE TENOR AND TONE OF THESE IN DEPTH, DETAILED, AND CONSTRUCTIVE CONVERSATIONS, WITCH WILL CONTINUE THROUGHOUT THE WEEK, I HAVE INSTRUCTED THE DEPARTMENT OF WAR TO POSTPONE ANY AND ALL MILITARY STRIKES AGAINST IRANIAN POWER PLANTS AND ENERGY INFRASTRUCTURE FOR A FIVE DAY PERIOD, SUBJECT TO THE SUCCESS OF THE ONGOING MEETINGS AND DISCUSSIONS. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! PRESIDENT DONALD J. TRUMP

BREAKING: Iranian media is reporting that the Iranian regime says: “There is no contact with Trump, not even through an intermediary; Trump backed down after hearing that our targets would be all the power stations in West Asia.” Who’s lying?

Update Diego Garcia: Further info shows the most likely scenario is that NO missiles were fired on or near Diego Garcia. No credible satellite, radar, video or debris has been released to show any missiles were fired at or near Diego Garcia—only claims from unnamed US officials first made by Reuters and repeated. Iran denies it. UK and in-depth investigation disputes Iran has missile capability beyond 2-3k. Looks like a nothing burger started by unnamed US Govt sources and just repeated without critical examination.