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Seventy-nine percent of Americans believe the U.S.-Iran conflict will drag on for a prolonged period, according to a new Reuters/Ipsos poll — a figure that cuts across partisan lines and reflects a public absorbing the weight of a ceasefire that has already collapsed. U.S. forces have struck 140 Iranian targets, President Trump has publicly stated he will 'likely' strike Iran's major nuclear facility at Pickaxe Mountain, and the administration is contending with reports of Iranian drones reportedly spotted in Cuba.
Against that backdrop, markets opened the day with S&P futures sitting around 7,558, a CPI inflation report landing before the close, and the 30-year yield punching above five percent. Domestically, Trump is scheduled to deliver a primetime address Thursday presenting what he calls declassified intelligence about foreign interference in the 2020 election, while an ICE killing in Maine and the gutting of the Election Assistance Commission have added to an already turbulent political environment.
The week also brought genuine scientific excitement: the FAA cleared SpaceX Starship for Flight 13, the Hubble Space Telescope identified the first stellar-mass black hole inside Omega Centauri, and astronomers detected the first true sugar in interstellar space. The breadth and intensity of Tuesday's developments underscored a world moving simultaneously on every front.