The Islamic republic has long used billboards in Tehran to mock its opponents and hammer home its messaging, but this piece of performance propaganda is perhaps the most eccentric yet.
The S&P 500 index fell over 1.4 percent, its largest daily decline since July, while the tech-heavy Nasdaq slumped nearly 2.5 percent, that index’s biggest one-day decline since June.
Renewed hostilities might not be any more successful than the war’s first phase, and President Trump has repeatedly canceled plans for a return to major combat.
Defense Secretary Pete Hegseth at an event in Maryland this month. Details of the conversations between Mr. Hegseth and his Israeli counterparts were not immediately clear.
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