Rubio Hints At US-Iran News "Later Today" As Talks To Reopen Hormuz Gain Steam

Futures Swing As Global Bond Yields Follow Oil Tick For Tick US equity futures are lower with Tech underperforming as oil prices / bond yields move higher (although off session highs), both in response to an acceleration in "kinetic hostilities" in the Middle East. As of 8:00am ET, S&P futures are down 0.1%, off session lows, while Nasdaq futures rise 0.4% after Dell shares jumped after the company boosted its annual sales forecast by $25 billion. In premarket trading, Semis / Memory are weaker and AVGO is -53bp with earnings after...

CLARITY Act Failure Could Send Crypto Valuations Lower: Bernstein Authored by Zoltan Vardai via CoinTelegraph.com, The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another leg down for cryptocurrency valuations, according to wealth manager Bernstein. Bernstein said that the Senate’s failure to pass the legislation could trigger an immediate negative “industry knee-jerk reaction,” which may result in another leg down for Bitcoin and the broader crypto market. “From a tactical standpoint, we...

Oh, So This Is Why Luigi Mangione Pleaded Guilty... Authored by Matt Margolis via PJMedia.com, Luigi Mangione, the man whose assassination of a health insurance executive turned him into a folk hero to many on the left, shocked the country on Friday when he finally admitted to the killing and changed his plea to guilty. "I shot Mr. Thompson in Manhattan. I understood that my actions would place him in fear of death of bodily injury. I knew what I was doing was illegal," Mangione told the judge. He admitted to stalking his victim, UnitedHealthcare...