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U.S. stock futures advanced following reports that the United States and Iran agreed to halt strikes and resume peace talks in Qatar. Global equities moved toward their strongest quarter since 2020 amid reduced geopolitical tensions and continued focus on artificial intelligence.
U.S. stock futures rose after reports that the United States and Iran agreed to halt strikes and resume peace talks in Qatar. Brent crude prices gave up some earlier gains as geopolitical tensions eased.
Hopes for a lasting ceasefire and optimism around artificial intelligence have put global stocks on track for their best quarter since 2020. Investors remain focused on artificial intelligence valuations, inflation risks, and rising government debt.
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axios.comThe U.S. Supreme Court sent the Federal Reserve governor's removal challenge back to lower courts without ruling on the merits. President Trump had sought to remove Lisa Cook citing mortgage fraud allegations under federal law that limits removals to cases of cause.
sbs.com.auThe Supreme Court ruled 6-3 that the president can fire members of most independent agencies, overturning a 1935 precedent. The decision upheld the removal of a Federal Trade Commission member and is expected to affect other agencies including the Consumer Product Safety Commissi…
Breaking DefenseRomania signed an initial agreement to acquire six Spyder systems from Israel's Rafael. The deal forms the first phase of a framework valued at more than €2 billion and includes local production plans.