Illinois Lt Gov Stratton wins Senate Democratic primary for Dick Durbin’s seat

Progressives and moderates vie for influence in Democratic primary while House primaries feature competitive races for retiring lawmakers’ seats
Oil slips as rising U.S. crude inventories offset attacks on UAE energy infrastructure

Oil prices slipped despite escalating attacks on the United Arab Emirates’ energy infrastructure.
Japan’s Mitsui OSK shares soar to record highs as activist investor Elliott builds ‘significant’ stake

Shares of Japanese shipping firm Mitsui OSK surged to a record high after Elliott Investment Management said it had established a “significant” stake.
Iran launches retaliatory strikes on Israel and U.S. assets after security chief Larijani is killed

Iran has intensified attacks targeting U.S. assets in the Middle East and Israel in apparent retaliation against the killing of Iran’s security chief Ali Larijani.
Asia-Pacific markets set to rise as Middle East tensions escalate after UAE energy attacks

Asia-Pacific markets were set to climb on Wednesday as investors tracked escalating tensions in the Middle East.
Stock futures are flat as traders look ahead to Federal Reserve interest rate decision: Live updates

The three major averages posted back-to-back gains on Tuesday, even as oil prices ended the session higher. Traders are now awaiting the Fed’s policy decision.
Jensen Huang says Nvidia has received orders from China and is ‘restarting our manufacturing’

Nvidia is gearing up to sell its H200 processors to customers in China after a lengthy delay due to restrictions from both the U.S. and Chinese government.
OpenAI preps for IPO by end of year, tells employees ChatGPT must be ‘productivity tool’

OpenAI has hired the former DocuSign CFO Cynthia Gaylor to run investor relations as the company gears up for a potential IPO.
Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line

Lululemon topped fourth-quarter estimates but gave weaker-than-expected sales and earnings forecasts for 2026.
The ‘big lows’ in the stock market are not in yet, Bank of America says

While stocks have rebounded to start the week, the bank’s metrics aren’t at the same levels that typically mark stock market bottoms.