Latest / Newsquawk Rundown, Daily Podcast
US Market Open: Crude benchmarks stronger after the IRGC warned US bases; TSLA falls post-earnings
Iran's IRGC Navy warned that US efforts to encourage passage could result in strikes on US bases.
Iran's Major General Rezaei said Iran has presented seven new conditions through mediators and will neither reopen the Strait of Hormuz nor resume negotiations until they are met.
NQ underperforms, as Tesla's cut in spending plans weighs on the Tech/AI space.
DXY modestly lower; JPY and CHF supported by haven demand while NZD lags on cooler CPI.
Fixed income benchmarks helped by risk aversion.
Energy benchmarks climb as Iran warns of strikes on US bases (Brent +2.9%)
Looking ahead, highlights…
The skinny
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