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Latest News & Earnings

Two tariff-era steelmakers and three regional banks report inside one session, making tomorrow the cleanest read yet on whether steel pricing and credit quality are holding up.

Cleveland-Cliffs $CLF and Fifth Third $FITB report tomorrow before the open. Crown $CCK, Steel Dynamics $STLD, W.R. Berkley $WRB, Western Alliance $WAL, and Zions $ZION follow after the close. https://t.co/Em6vSdvdKc
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An open door to emergency powers around a national election is the kind of political-risk headline that prediction markets reprice first and equities reprice later.

BREAKING: President Trump declines to rule out declaring a national emergency related to the 2026 midterms, per Reuters
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Washington putting the blame for diesel prices on Kyiv's refinery strikes raises the odds US pressure halts them, and distillate crack spreads are the first place that shows up.

JUST IN: Trump accuses Zelenskyy of not wanting to end the Ukraine war, claiming he is deliberately targeting Russian diesel refineries and hurting global fuel markets.
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Street unrest in France is now showing up in the currency, and a weaker euro flows straight into dollar-denominated returns on European stocks and ETFs. Keep an eye on eurozone exposure if the political risk premium keeps building.

EURO SLIPS 0.4% TO $1.1191 IN WAKE OF FRENCH RIOTS
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Mines in the world's busiest oil chokepoint reprice war-risk insurance and crude before US markets reopen, with the IEA already flagging supply slipping below demand this year. Energy names and tanker operators feel it first.

IRAN'S IRGC NAVY SAYS OIL TANKER CAUGHT FIRE AND EXPLODED AFTER HITTING MINE IN STRAIT OF HORMUZ - IRANIAN MEDIA
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