Netanyahu says "we are winning" against Iran [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
The benchmark index had been down 1% earlier in the session but recovered to trade nearly flat after Netanyahu told a news conference that Iran no longer has the capacity to enrich uranium or make ballistic missiles following 20 days of U.S.-Israeli air attacks. "We are winning, and Iran is being decimated," Netanyahu said, noting that Iran's missile and drone arsenal is being massively degraded and will be destroyed. Netanyahu stated that the attacks are targeting factories that produce components for missiles and nuclear weapons. He did not provide evidence for his claim that Iran no longer had the capacity to enrich uranium. The conflict began when the U.S. and Israel launched an air attack on Iran on February 28, following the collapse of mediated talks focused on Iran's nuclear program. Iran has responded by firing missiles at Israel and other Gulf countries while limiting tanker traffic through the Strait of Hormuz. Netanyahu said it was too soon to determine whether Ir
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