President Donald Trump described talks with Iran as productive and said the United States would not attack before the November 3 midterm elections, setting a firm timeline for any potential military action.
The remarks came as markets were already on edge: tech shares slid Thursday after a Financial Times report questioned OpenAI's revenue trajectory, with the Nasdaq posting its worst session in seven weeks. Treasuries rallied on the president's comments and strong demand at a 30-year bond auction, pulling long-dated yields back from two-decade highs.
The timeline puts any decision on Iran squarely after the midterms, in which control of Congress hangs in the balance. Administration officials have not detailed the substance of the latest round of talks.
The comments mark one of the president's most direct statements tying potential military action to the election calendar, and drew immediate attention in Washington as lawmakers head into the final stretch of campaign season.
