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U.S. President Donald Trump said on Thursday that he will pause the period of energy plant destruction in Iran for 10 days.
In a post on Truth Social, the President said that the U.S. would pause its strikes on Iran’s energy infrastructure till April 6, Monday, 8 P.M. EST, upon the Iranian government’s request.
Stock markets reacted positively to the announcement, climbing higher in the extended trading hours. The SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.37% at the time of writing, while the Invesco QQQ Trust ETF (QQQ) climbed 0.42%, and the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.34%.
“Talks are ongoing and, despite erroneous statements to the contrary by the Fake News Media, and others, they are going very well,” Trump said.
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