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Iran Signals a Longer, Harder War: “We Have Enough Missiles to Keep Fighting”

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‼️ 🇮🇷 BREAKING: Iran is prepared to intensify its counterstrikes if the US continues attacking its territory, infrastructure, and oil tankers, according to a senior Iranian official. Tehran will not yield to the American naval blockade despite mounting economic damage, viewing the conflict as an existential threat. Having rebuilt military capabilities since the war’s most intense phase ended in April, Iran says it has sufficient missile capacity to sustain a prolonged conflict.

BofA Clients Pile In: 6th-Biggest U.S. Stock Buying Spree Since 2008

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‼️ Bank of America clients turned net buyers of U.S. equities for a second straight week, posting the sixth-fastest weekly inflow pace since 2008 with $3.9B into single stocks and $3.1B into equity ETFs, the biggest weekly inflows since mid-July. The buying, driven by institutional and hedge-fund clients, focused on large- and mid-cap names (SPY, SPMD) while private clients remained net sellers for a sixth week and small caps (IWM) were trimmed. Sector flows showed clear rotation: eight of 11 S&P sectors saw inflows, led by technology (XLK) for a second week, with communication services (XLC) also returning to positive flows after five weeks of outflows, even as the S&P 500 edged up just 0.1% over the period.