While Abbas Araqchi, Iran's foreign minister, said that authorities were reviewing the U.S. proposals, ‌he added that Tehran ⁠has no ⁠intention to hold talks with Washington. Initially, Iran said it considered U.S. proposals delivered by Pakistan as excessive and demanded sovereignty over the Strait of Hormuz. The mixed messages led to choppy trading. Michael James, equity sales trader at Rosenblatt Securities, said: "There are a lot of frayed nerves out there with sentiment and headlines driving a lot of ...

March 6 (Reuters) - U.S. equity funds witnessed the sharpest weekly net sales in eight weeks in ‌the seven days to March 4 as investors ‌cut risk exposure amid concerns over the U.S.-Israeli conflict with Iran ​and its potential impact on inflation and the interest-rate outlook. Investors divested a net $21.92 billion of U.S. equity funds during the week in their largest weekly net sales since ‌January 7, data ⁠from LSEG Lipper showed. As the conflict in the Middle East entered its seventh day on ⁠Frid ...