Hegseth Is Sidelined
+0.3%
Trump’s statement becomes a political signal that Defense Secretary Pete Hegseth is being blamed for the Iran war’s costs and losing influence. JD Vance and diplomatic officials gain leverage to argue for a pause in strikes and a negotiated channel through Oman or Qatar.
What it moves
- Energy−1.0%
- Consumer Services+0.8%
- Riskier companies' borrowing costs
- Market volatility
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