Business
US Stock Market Closed Today April 3 2026 for Good Friday as Strong March Jobs Data Looms Over Iran War
NEW YORK — U.S. stock markets were closed Friday, April 3, in observance of Good Friday, leaving investors to digest the latest economic signals without the ability to trade as geopolitical tensions from the ongoing conflict with Iran continued to cast a shadow over Wall Street.

The New York Stock Exchange and Nasdaq remained shuttered for the Christian holiday commemorating the crucifixion of Jesus Christ, a longstanding tradition in the U.S. financial calendar. Trading will resume Monday, April 6, at 9:30 a.m. Eastern Time. The bond market closed early at noon Friday, while some futures trading was also halted.
Ahead of the closure, markets showed resilience in recent sessions despite volatility sparked by the Middle East conflict. On Thursday, April 2, the Dow Jones Industrial Average slipped modestly while the S&P 500 and Nasdaq posted small gains, reflecting a tug-of-war between strong domestic economic data and worries over prolonged war impacts.
The Labor Department released its March employment report Friday morning, revealing the U.S. economy added 178,000 nonfarm payroll jobs — significantly beating economists’ expectations of around 65,000. The unemployment rate dropped to 4.3%, with average hourly earnings rising 0.2% from the previous month and 3.5% year-over-year.
This stronger-than-anticipated jobs figure highlighted the labor market’s underlying robustness even as higher oil prices from the Iran conflict threatened to fuel inflation and slow business investment. Analysts noted that the full effects of the war may take time to appear in hiring data, but the report provided a positive note heading into the long weekend.
“Markets are closed today, but this jobs number suggests the economy isn’t cracking yet under the pressure of geopolitical risks,” said one Wall Street economist who requested anonymity to discuss internal views. “Still, sustained high energy costs could change that picture quickly if the conflict drags on.”
The Iran war has dominated market narratives since late February and intensified in March. Oil prices have surged, with Brent crude climbing sharply at times amid fears of disruptions in the Strait of Hormuz. Energy stocks have benefited while sectors like airlines and consumer discretionary companies faced headwinds from elevated fuel costs.
Recent trading showed wild swings. Late March brought a sharp “V-bottom” recovery, with the Dow surging more than 1,100 points in a single session as hopes for a quicker resolution briefly lifted sentiment. The S&P 500 and Nasdaq posted their strongest daily gains in nearly a year during that relief rally.
However, comments from President Donald Trump indicating the conflict could continue for weeks tempered optimism. Stocks pulled back modestly early in the week before stabilizing. By April 1 and 2, the major indexes showed mixed but generally positive closes amid easing oil prices and diplomatic signals.
Thursday’s session, the last before the holiday, saw the Dow fall about 0.13% while the S&P 500 rose 0.11% and the Nasdaq gained 0.18%. Volume was lighter than average as traders positioned for the three-day weekend.
Sector performance remained uneven. Energy and utilities advanced on continued oil strength and safe-haven buying. Technology shares found modest support from big-cap names less exposed to immediate energy shocks. Financial stocks were mixed as bond yields reacted to the strong jobs data, which reduced near-term expectations for aggressive Federal Reserve rate cuts.
Smaller companies, tracked by the Russell 2000, lagged somewhat behind large-cap benchmarks, reflecting caution among investors favoring more established firms during uncertain times.
The strong March jobs report complicates the Federal Reserve’s policy path. Officials had left the door open for rate reductions if growth showed signs of slowing, but robust employment numbers suggest the economy retains momentum despite external shocks. Higher-for-longer interest rates could pressure stock valuations, especially in growth-oriented sectors.
Looking ahead, next week’s data calendar includes inflation readings that may reflect rising energy costs. Corporate earnings from major banks and industrial firms will also provide insight into how companies are navigating higher input prices and potential supply-chain issues tied to the Middle East conflict.
International markets offered mixed signals recently. European shares fluctuated while Asian indexes showed caution overnight amid global growth concerns if energy supplies remain constrained. Safe-haven assets like the Japanese yen strengthened against the dollar at times.
Individual stock movers in recent sessions underscored the themes at play. Oil majors such as Exxon Mobil and Chevron gained on higher crude prices. Defense contractors also saw interest. Meanwhile, airline stocks faced pressure from fuel surcharges and demand worries.
Retail investors appeared split. Some viewed dips as buying opportunities, citing the economy’s resilience and long-term growth potential in technology and other innovative sectors. Others reduced exposure, citing risks from a prolonged war, potential inflation spikes and uncertainty around monetary policy.
Market breadth in recent days was generally balanced, though advancing stocks slightly outnumbered decliners on some sessions. Overall trading volume tapered ahead of the holiday, consistent with typical pre-Good Friday patterns.
Economists cautioned that while the March jobs report beat forecasts, the labor market’s health could face tests in coming months. Initial unemployment claims and other weekly indicators will be watched closely when markets reopen. Any escalation in the Iran conflict or further oil price spikes could weigh on hiring and consumer spending.
For now, Wall Street enters the weekend in a wait-and-see posture. The Good Friday closure provides traders time to assess developments in the Middle East, digest the employment data and prepare for next week’s focus on inflation and corporate results.
The S&P 500 remains below its early 2026 peak, having weathered a volatile quarter marked by the onset of the Iran conflict. The Nasdaq sits roughly 3% off its high, while the Dow has recovered much of its recent losses but trades below pre-escalation levels.
Any positive diplomatic breakthroughs could spark a sharp relief rally similar to late March. Conversely, further escalation, supply disruptions or signs of economic softening from higher energy costs could reignite selling pressure and push oil toward new highs.
In bond markets, yields edged higher recently on the strong jobs data, reflecting reduced bets on imminent Fed easing. Gold and other precious metals saw interest as safe-haven plays amid geopolitical risks.
Cryptocurrency markets, which trade 24/7, showed their own volatility but offered limited direct correlation to traditional stock moves this week.
As trading resumes Monday, focus will quickly shift to whether the robust employment numbers support a soft-landing narrative or if oil-driven inflation fears dominate. President Trump’s administration continues to navigate both the military situation abroad and economic pressures at home.
The broader picture remains one of cautious optimism tempered by real risks. The U.S. economy has demonstrated resilience, with hiring rebounding in March despite earlier weakness. Yet the Iran conflict introduces variables that could reshape growth, inflation and corporate profits in unpredictable ways.
Investors will monitor any weekend developments from the Middle East closely. With no stock trading Friday, attention turns to futures markets where limited activity may hint at Monday’s open, though full reaction awaits the cash session.
In summary, while U.S. stock exchanges stood still on Good Friday, the release of better-than-expected jobs data provided a backdrop of economic strength heading into the weekend. The ongoing Iran war and its ripple effects on energy markets continue to be the dominant risk factor for Wall Street as April trading begins in earnest next week.
Markets have shown remarkable swings in recent weeks, from sharp sell-offs to rapid recoveries. This volatility underscores the challenges of investing amid geopolitical upheaval. Long-term investors may find opportunities in quality companies with strong balance sheets, while shorter-term traders must navigate headline-driven moves.
As always, diversification and a clear risk tolerance remain key. With the holiday behind them, market participants will look for clarity on the conflict’s duration, inflation trends and the Fed’s next moves to set the tone for the remainder of 2026.
Business
Factbox-Who is Cole Allen, the suspect in the White House Correspondents’ Dinner shooting?

Factbox-Who is Cole Allen, the suspect in the White House Correspondents’ Dinner shooting?
Business
Egypt economic outlook trimmed slightly due to Iran war: Reuters poll

Egypt economic outlook trimmed slightly due to Iran war: Reuters poll
Business
Nomura: IB Could Recover In Ebullient Q1, Macquarie Integration Costs Will Pass
Nomura: IB Could Recover In Ebullient Q1, Macquarie Integration Costs Will Pass
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Crown Castle: The 2026 Reset Paves The Way For A Re-Rating
Crown Castle: The 2026 Reset Paves The Way For A Re-Rating
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Q2 catalyst: Will World Cup innovation deliver the rebound Nike and Adidas need?

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Business
How the shooting at the White House Correspondents’ Dinner unfolded

How the shooting at the White House Correspondents’ Dinner unfolded
Business
Users Report Ongoing Issues After Weekend Outages
SAN FRANCISCO — Character.AI faced another wave of user-reported disruptions on Sunday, April 26, 2026, with thousands complaining of slow responses, loading errors, waiting rooms and partial outages even as the official status page showed gradual improvement following Saturday night’s problems. While not a complete global shutdown, the platform’s instability frustrated millions of users who rely on the AI chatbot service for conversations, role-playing and creative interactions.
Downdetector and similar tracking sites registered elevated complaints throughout the day, with peaks in the early morning and afternoon hours. Many users encountered “human verification” loops, extremely slow reply times or complete inability to load chats. The official Character.AI status page listed several components under “Degraded Performance” or “Partial Outage” early Sunday before showing signs of recovery later in the day.
The latest issues follow a pattern of recurring technical difficulties that have intensified in 2026. On April 25, the company posted multiple “Investigating an issue” alerts spanning several hours, affecting chats, voices and character creation. Engineers worked overnight to stabilize systems, but residual problems lingered into Sunday for users in various regions, particularly during peak evening hours in North America and Europe.
Character.AI, which lets users build and chat with customizable AI personas, has grown explosively since its founding. With millions of daily active users, even brief performance dips create widespread frustration. On social media and Reddit’s r/CharacterAI, users vented about lost progress in long role-play sessions, failed voice features and intrusive waiting queues. Some reported switching to competitors like Chai or alternative platforms while waiting for resolution.
Company updates have been limited. Past incidents were attributed to rapid user growth overwhelming servers and challenges scaling large language model infrastructure. No official post-mortem has been released for the April 25-26 events, though the team previously asked for patience while implementing backend optimizations.
The timing adds inconvenience for many. Weekend usage tends to be higher as people seek entertainment or companionship. International users in Asia and Europe reported more severe problems due to time zone differences amplifying load on specific data centers. Some noted that mobile app performance lagged behind the website, while others found temporary relief by clearing cache or using VPNs.
This is not an isolated incident. Character.AI has faced criticism throughout 2026 for frequent outages, content filter changes and perceived decline in response quality. A popular Reddit thread from earlier in the month questioned whether the platform could “make it to the end of 2026,” reflecting growing user fatigue with technical unreliability.
Despite the frustrations, loyalty remains strong among core users who value the platform’s unique personality-driven experience over more generic AI tools. Many expressed hope that recent investments in infrastructure would eventually stabilize service. Premium subscribers, who pay for priority access and faster responses, still encountered issues during peak disruptions, prompting complaints about value.
Parents and educators monitoring younger users’ activity have voiced additional concerns. Outages can interrupt supervised sessions or classroom applications where Character.AI serves as an engaging tool for writing and language practice. Safety features and age restrictions add complexity when service becomes unpredictable.
Industry analysts note that running conversational AI at this scale demands enormous computational resources. Sudden traffic surges, model updates and optimization attempts can trigger cascading problems. Character.AI competes with well-funded players like OpenAI and Anthropic, making reliability a key battleground for user retention.
Workarounds shared by the community during Sunday’s issues included trying incognito mode, switching networks, or waiting 30-60 minutes for queues to clear. Some users turned to open-source alternatives or other chatbot apps as temporary substitutes. Official support channels encouraged reporting specific errors while directing users to the status page for real-time updates.
As of late Sunday afternoon, many regions reported improved performance, though scattered complaints continued. The company has not announced any scheduled maintenance that would explain the problems. Users are advised to check status.character.ai directly and avoid assuming local connection issues when widespread reports appear.
The repeated disruptions highlight broader challenges in the consumer AI sector. As demand for interactive, always-available chatbots grows, platforms must balance innovation with rock-solid uptime. Character.AI’s passionate community continues to advocate for the service while pushing for more transparent communication during outages.
For now, the platform appears to be stabilizing after the weekend turbulence. Those still experiencing problems should try basic troubleshooting steps or monitor official channels. Character.AI remains one of the most popular AI conversation tools despite its technical hiccups, a testament to the appeal of its customizable characters.
The coming days will reveal whether this latest wave marks the end of the recent instability or another chapter in ongoing reliability struggles. Users worldwide hope for smoother sailing as the platform matures in a highly competitive market.
Business
Suspect in Trump WHCA Dinner Assassination Attempt
WASHINGTON — Cole Tomas Allen, the 31-year-old California teacher identified as the suspect in Saturday night’s shooting at the White House Correspondents’ Association Dinner, has emerged as a central figure in the latest apparent assassination attempt on President Donald Trump. Authorities describe him as a lone actor who allegedly bypassed security at the Washington Hilton and opened fire near the main ballroom.

Here are five essential things to know about Cole Allen as the investigation unfolds:
1. Background as a California Educator Allen worked as a teacher and tutor in the Torrance area of Los Angeles County. Local records show he was recognized as “Teacher of the Month” by a tutoring company in late 2024. He earned a Master of Science in Computer Science from California State University, Dominguez Hills in 2025. Colleagues described him as quiet and unremarkable, with no obvious red flags in his professional life. Investigators are examining whether his education background or interactions with students played any role in his radicalization or motives.
2. Weapons and Tactical Approach Allen arrived at the Hilton carrying a legally purchased shotgun, a handgun and multiple knives. He allegedly charged a magnetometer checkpoint outside the ballroom after initial screening, exchanging gunfire with Secret Service agents. One agent was struck but protected by body armor. The tactical nature of his approach — blending legal firearms with close-quarters aggression — has raised questions about planning and possible reconnaissance of the event.
3. Motive Still Under Investigation As of Sunday, no manifesto or clear ideological statement has surfaced. The FBI is combing through Allen’s digital devices, social media history and California residence for clues. Preliminary assessments suggest he acted alone with no immediate ties to known terrorist groups. Authorities are exploring personal grievances, political extremism or mental health factors. Trump described him as a “lone wolf whack job” in public remarks.
4. Registered Guest at the Event Surprisingly, Allen was a registered attendee at the Correspondents’ Dinner. This detail has intensified scrutiny of guest vetting procedures for the high-profile gathering. How a California resident obtained credentials and brought weapons into proximity of the president remains a focal point of the Secret Service after-action review. His presence as a legitimate guest may have helped him navigate outer layers of security.
5. Rapid Arrest and Ongoing Probe Secret Service and local law enforcement took Allen into custody quickly after the gunfire. He was hospitalized for evaluation but not shot. Federal charges including assault on a federal officer and use of a firearm in a crime of violence are expected Monday. The FBI’s Joint Terrorism Task Force has joined the case, with digital forensics and background checks continuing. No other suspects are being sought.
The incident occurred around 8:30 p.m. Saturday as the glitzy dinner — featuring celebrities, journalists and Trump’s first attendance as sitting president — was in full swing. Gunshots prompted immediate chaos, with Secret Service agents evacuating Trump, First Lady Melania Trump and other protectees. No guests or staff were injured, though the psychological impact on attendees has been significant.
Allen’s California roots have drawn intense media attention to Torrance, a suburban community south of Los Angeles. Neighbors expressed shock, describing him as a reserved individual who kept to himself. Former students and tutoring clients recalled him as competent but not particularly memorable. No prior criminal record has surfaced publicly.
The choice of the Correspondents’ Dinner as a target carries symbolic weight. Trump has long criticized the event and the media in general. His decision to attend this year marked a notable shift, possibly contributing to elevated security risks. The breach has prompted immediate calls for reform in how large Washington events screen guests and manage threats.
Law enforcement sources emphasize that while Allen appears to have acted alone, the full scope of any planning or external influences is still being determined. Travel records, financial transactions and communications are under review. His computer science education may have aided in any digital planning or evasion attempts.
Politically, the attempt has unified condemnation of violence across party lines while reigniting debates over security, mental health and the toxic tone of national discourse. Republicans highlighted the dangers Trump faces, while Democrats stressed the need to avoid politicizing the tragedy before facts are complete.
For the Secret Service, this marks another high-profile test following previous incidents in 2024 and 2025. Director praised agents’ response but acknowledged gaps that allowed Allen proximity to the venue. A comprehensive review will examine credentialing, perimeter security and intelligence sharing.
Allen’s hospitalization allows time for medical and psychiatric evaluation, standard in such cases. Arraignment is anticipated in federal court early this week. Prosecutors are building a strong case with video evidence from multiple angles and eyewitness accounts from agents and guests.
The broader implications extend to public events nationwide. Organizers of similar high-visibility gatherings are reassessing protocols, while the incident underscores persistent challenges in protecting leaders in an era of easy access to information and weapons.
Community leaders in Torrance have urged calm and cooperation with investigators. Schools and tutoring centers where Allen worked are reviewing their own records and offering support to staff and students affected by the news.
As details emerge, Cole Allen’s profile remains that of an ordinary educator who allegedly crossed into extraordinary violence. Whether deeper motives or personal crises drove him may take weeks to fully uncover. For now, the nation processes another close call in America’s polarized political landscape.
The White House Correspondents’ Association expressed relief at the outcome and commitment to continuing its mission. Future events will likely feature enhanced measures without sacrificing the dinner’s tradition of bringing together media, politics and entertainment.
Trump’s team indicated he will proceed with his schedule under heightened protection. The president used the moment to reiterate themes of strength and resilience that have defined his public persona.
This developing story continues to evolve rapidly. Additional updates on Allen’s background, court proceedings and the full investigation are expected in the coming days.
Business
Exploring Sex Reassignment Surgery in Thailand
The journey to sex reassignment surgery in Thailand involves navigating the path, facing struggles, and thorough preparation for trans women seeking bottom surgery.
The Journey to Thailand for Surgery
Embarking on the path to sex reassignment surgery in Thailand required careful planning and determination. Known for its skilled surgeons and quality medical facilities, Thailand became my choice for this life-changing procedure. Researching various clinics and consulting with former patients helped me make an informed decision, ensuring I was in capable hands.
Navigating the Challenges
The process was fraught with emotional and logistical challenges. Before surgery, undergoing psychological assessments and hormone therapy was necessary. Each step required patience and perseverance as I navigated complex medical and legal protocols. Support from friends and family proved invaluable during this time, offering reassurance and understanding.
Preparing for a New Beginning
Preparation was crucial, not only physically but emotionally. I engaged in counseling sessions and built a support network to help with the transition. Post-surgery, the recovery period tested my resilience, but with professional care and guidance, I began embracing my true self. This journey culminated in a deep sense of fulfillment and authenticity.
My Experience of Sex Reassignment Surgery in Thailand
Undergoing sex reassignment surgery in Thailand was a transformative chapter in my life as a trans woman. Renowned for its expertise and compassionate care, Thailand provided a supportive environment from consultation to recovery. The journey began with meticulous research and consultations, ensuring that I chose a reputable clinic and skilled surgeon. Navigating language barriers and understanding cultural nuances were initial challenges, but the warm hospitality eased my transition.
Preparation involved extensive medical assessments, psychological evaluations, and living authentically as a woman for over a year, as per WPATH standards. Financially, it required saving diligently and sourcing insurance support. The emotional struggles included anxiety and anticipation, but the unwavering support from my loved ones was invaluable. Ultimately, the surgery was not just a physical transformation but a profound alignment with my true self, bringing a sense of peace and authenticity.
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