Iran's Supreme Leader Mojtaba Khamenei has reportedly been wounded, though details remain unconfirmed amid the ongoing conflict (multiple outlets). A US military refueling plane crashed in Iraq, killing four service members as regional operations continue (AP). President Trump signaled an imminent end to the Iran conflict, though no timeline was provided.

NYC police arrested two ISIS-pledged suspects for an attempted bombing near Mayor Adams' residence (NYPD). At Old Dominion University, ROTC students subdued a campus shooter, with casualties still being assessed. A partial US government shutdown has begun, adding domestic turmoil alongside the foreign crisis.

The Nuclear Regulatory Commission scrapped rules requiring new reactors to withstand 9/11-style airplane crashes, a significant deregulation move for the nuclear industry (NRC). January's core PCE inflation and consumer spending came in solid, pushing Fed rate cut expectations to September at earliest.