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Chapter 1: What recent developments are there in the Iran war?
Live from NPR News in Washington, I'm Ryland Barton. President Trump is expected to address the nation about the Iran war tonight at 9 Eastern. The conflict launched by the U.S. and Israel is in its fifth week. Thousands of U.S. troops are stationed in the region. Trump says the Iranian regime is relenting, but Iran says it isn't. NPR's Deepa Shivaram reports.
On social media, Trump said Iran's new leader asked the U.S. for a ceasefire. The president said he would consider it if the Strait of Hormuz, a critical route for oil, was opened. Until then, Trump said the U.S. would continue its attacks on Iran. But Iran's foreign ministry called Trump's comments saying that Iran asked for a ceasefire, quote, false and baseless.
Trump has said the war, which has gone on for a month, should end in the next two to three weeks. Deepa Shivaram, NPR News, the White House.
Wall Street's relief rally continued for a second day as investors hope that President Trump will soon end the war in Iran. As NPR's Maria Aspin reports, the Dow closed up nearly half a percent, the S&P 500 rose nearly three quarters of a percent, and the Nasdaq jumped more than one percent.
Some investors are calling it a Hormuz hope rally after the crucial waterway that handles a fifth of global oil. The war has sparked a global energy crisis. sending gas prices soaring and raising investor fears about wider inflation. U.S. stocks are still down since the start of the war, but investors are starting April with more optimism.
Tech stocks in particular have been under pressure, and the tech-heavy Nasdaq has been leading this week's rebound. But the prospect of peace in the Middle East didn't reassure all investors. Shares in ExxonMobil, Chevron, and other energy companies sold off, as most of Wall Street hopes for lower oil prices. Maria Aspin, NPR News.
Republican congressional leaders say they have a path to fund the Department of Homeland Security and end the government shutdown of the agency. House Speaker Mike Johnson and Senate Majority Leader John Thune said in a joint statement that the solution would move forward in the coming days.
The crew of NASA's Artemis II is suited up and at the launch pad at the Kennedy Space Center in Florida, ahead of a mission that will take them around the moon and back. Central Florida Public Media's Brendan Byrne is there.
It's been a smooth countdown so far. NASA's massive SLS rocket was fueled up with super cold liquid hydrogen and oxygen earlier today without any issues. The team continues to monitor the rocket, the Orion spacecraft and weather at Kennedy Space Center.
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Chapter 2: How is the stock market reacting to the ongoing conflict?
The leaders said the historic visit will also recognize that, quote, the American experiment endures in no small part because of the British experiment from which it sprang. They said they hope His Royal Highness will share his vision for the future of the U.S.-British alliance. The address is part of a U.S. state visit that will also include a White House state dinner with President Trump.
Claudia Rosales, NPR News.
A California company is designing a spacecraft that's set to launch in April 2028 with a mission to intercept an asteroid as it passes close to Earth. Long Beach-based X-Labs hopes to reach the asteroid Apophis. Once there, it'll study the asteroid's composition and origin. The company hopes this will pave the way for mining asteroids, potentially reducing the need for Earth-based mining.
The mission's funded by grants and contracts from agencies like NASA and the U.S. Space Force. This is NPR.
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