Trump: Iran's response to the peace plan is unacceptable, and the US stock market's upward trend has stalled

According to Jin Shi reports, on Monday, the U.S. stock market lacked a clear direction overall, but strong corporate earnings reports prompted Wall Street strategists to continue raising their S&P 500 targets. The S&P 500 index opened roughly flat, with strong performance from chip stocks continuing to boost the benchmark index, particularly with companies like Intel and Micron Technology standing out. The Nasdaq 100 index rose slightly by 0.2%, while the Dow Jones Industrial Average fell by 0.1%.

Tom Essaye, founder of Sevens Report, stated that the market still believes a ceasefire agreement will be reached, which is the reason why there was no larger sell-off in the stock market after Trump's response that Iran's proposal to end the war is "completely unacceptable."