U.S. major indices in an overall downtrend. Dow Jones Industrial Average down 1.73% at $45,166.64, marking the fifth consecutive weekly decline and entering correction territory. S&P 500 down 1.67% at $6,368.85. Nasdaq Composite up 2.15% at $20,948.36.

i. Dow confirms correction as traders worry about war.

ii. Stock futures fall as Iran tensions grow.

iii. Eli Lilly signs $2 billion deal for AI drug development with Hong Kong biotech.

#AsiaStocksPlunge OilRisesAbove$116