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MARKETS LIVE BLOG:

S&P 500, NASDAQ FUTURES NEAR RECORD HIGH WITH SENTIMENT BUOYANT

A tech-fuelled rally has led Wall Street to revise its year-ahead targets for the S&P 500

UPDATE 2-UN Security Council to meet Sunday on Iran attack after Israel request

Reuters
·1 min read

(Updates sourcing for Sunday meeting in paragraphs 1-2)

April 13 (Reuters) - The United Nations Security Council is set to meet on Sunday after Israel requested the council condemn Iran's attack on Israel and designate the Iranian Revolutionary Guard Corps a terrorist organization.

The meeting will take place at 4 p.m. ET (2000 GMT), according to a schedule released late on Saturday.

Israel's ambassador to the United Nations, Gilad Erdan, requested the council hold an emergency meeting in a letter on Saturday to the council's president.

"The Iranian attack is a serious threat to global peace and security and I expect the Council to use every means to take concrete action against Iran," Erdan wrote in a post on X.

Iran launched a swarm of explosive drones and fired missiles at Israel late on Saturday in its first-ever direct attack on Israeli territory, risking a major escalation as the United States pledged "ironclad" backing for Israel. (Reporting by Daphne Psaledakis and Doina Chiacu; Editing by Chizu Nomiyama and Jonathan Oatis)