Asia-Pacific markets poised for mixed open as Iran deal faces scrutiny
Asia-Pacific markets were set to trade mixed on Friday as investors assessed the durability of a U.S.-brokered peace agreement with Iran.
Japan core inflation holds steady in May, matching expectations despite energy price concerns
Headline inflation edged up to 1.5% from 1.4%, while the so called “core-core” inflation rate, eased to 1.8% from 1.9%.
The average SpaceX buyer post-IPO is almost under water after two-day slide
Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
Next week’s inflation data just got even more important. Here’s what’s ahead for the market
Investors will now laser in on any signs that the central bank could hike interest rates against a backdrop of a buoyant stock market.
Trump administration temporarily cuts student loan interest rates for borrowers on autopay
The Trump administration announced it will offer federal student loan borrowers who sign up for autopay a larger interest rate discount.
Markets are set for a much more hawkish Warsh Fed than expected
Fed Chairman Kevin Warsh’s tough talk on inflation Wednesday reverberated through financial markets.
U.S. Navy ends blockade of Iran’s ports and coastal areas, CENTCOM says
The Navy on Thursday lifted its blockade of Iran’s ports and coastal areas at the direction of President Donald Trump.
Stocks making the biggest moves midday: Sandisk, Intel, Enphase Energy, Accenture, Exxon Mobil & more
Here are the companies making headlines in midday trading.
Vance says U.S. isn’t giving Iran ‘a cent’ as he defends Trump peace deal
“The only way the Iranians get any of these resources … is if they comply fully” with the terms of the deal, Vice President JD Vance said.
OPEC chief dismisses IEA supply glut forecast as ‘critical’ Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.