A chronological text record of the AI Market Commentator: important releases, breaking developments, market reactions and concise context for the trading day.
US index futures: S and P futures is up 0.07 percent, Nasdaq futures is up 0.09 percent, Dow futures is up 0.05 percent and Russell futures is up 0.12 percent.
Cross-asset desk update. US equities are higher: Russell futures is up 0.12 percent and Dow futures is up 0.05 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.19 percent, euro dollar is down 0.09 percent and dollar yen is up 0.09 percent. Volatility and commodities: Brent crude is up 0.01 percent.
Japan seeks $630 million for undersea cable ship purchases. The next scheduled risk is The President participates in a Tele-Rally [Note: Call in support of Mike Mazzei's gubernatorial campaign in Oklahoma] at 22:00 UTC.
Here is what changed in the last few minutes. Boeing wins $131.23B ceiling IDIQ for F-15 program support. SPX Daily Weekly. The next scheduled risk is The President participates in a Tele-Rally [Note: Call in support of Mike Mazzei's gubernatorial campaign in Oklahoma] at 22:00 UTC.
NXXT files S-1 for 112,946,708 common shares.
Here is what changed in the last few minutes. Oura reportedly seeks up to $3 billion in IPO. BoJ rate-hike path for next month under discussion, ex-official says. Mike McGlone warns Bitcoin rebound amid highest Treasury yields since 2007.
Here is what changed in the last few minutes. 10-Year Treasury futures rise as yields fall to 4.70%. Gold futures extend monthly gains on debt and rate worries.
Cross-asset desk update. US equities are lower: S and P futures is down 0.27 percent, the Nasdaq 100 is down 0.97 percent and Russell futures is down 0.64 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.19 percent, euro dollar is down 0.11 percent and dollar yen is up 0.07 percent. Volatility and commodities: WTI crude is down 2.48 percent and gold is up 0.55 percent.
Breaking. WTI Crude Oil futures fall to 85 a barrel to start the week, as LiveSquawk’s Todd Colvin cites a 4% reversal from Thursday’s highs amid Middle East negotiations and sanctions headline risk.
Ibovespa climbs for fourth straight session.
US index futures: S and P futures is down 0.3 percent, Nasdaq futures is down 1.01 percent, Dow futures is up 0.25 percent and Russell futures is down 0.65 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.28 percent, the Nasdaq 100 is down 0.97 percent and Russell futures is down 0.65 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.2 percent, euro dollar is down 0.09 percent and dollar yen is up 0.13 percent. Volatility and commodities: WTI crude is down 2.45 percent and gold is up 0.54 percent.
Dow Jones closes up 0.26% on Visa, Walmart gains.
Here is what changed in the last few minutes. Aggreko files for U.S. IPO in SEC filing. US steel capacity utilisation stays at 80% (week ended Aug. 22). TSX edges higher as US-Canada tariff fight hits manufacturers.
Breaking. First Brands Bankruptcy-Payout Plan Rejected By Federal Judge - BBG.
Here is what changed in the last few minutes. Stocks fall as chip rout overshadows oil drop — US Market Wrap. Aggreko files for U.S. IPO, seeks NYSE listing under AGKO. Iran adviser warns of stronger response to US threats.
Plexus board approves $100.0 million share repurchase program.
Here is what changed in the last few minutes. Shell shelves offshore “Aphrodite” gas project in Trinidad & Tobago. Micropolis Robotics becomes physical AI provider to ADNOC.
The Metals Royalty Company closes additional 1.0% Mesabi royalty financing.
US index futures: S and P futures is down 0.29 percent, Nasdaq futures is down 0.98 percent, Dow futures is up 0.25 percent and Russell futures is down 0.65 percent.
Trade Desk files S-3ASR shelf registration.
SEC subpoenas banks over situational awareness.
NextNav and Tiami Networks partner to address UAS threats.
Here is what changed in the last few minutes. Nebius Group closes private offering of convertible notes. Researchers say Chinese hackers used DeepSeek to intensify attacks. Nutex Health files Form 8-K on unauthorized network data activity.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.25 percent, the Nasdaq 100 is down 0.94 percent and Russell futures is down 0.69 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.21 percent, euro dollar is down 0.11 percent and dollar yen is up 0.15 percent. Volatility and commodities: gold is up 0.63 percent.
US index futures: S and P futures is down 0.28 percent, Nasdaq futures is down 0.94 percent, Dow futures is up 0.28 percent and Russell futures is down 0.69 percent.
Here is what changed in the last few minutes. Nvidia shares fall for 7th straight day, longest since 2022. Corn futures hit new contract highs on low yield estimates.
Here is what changed in the last few minutes. Iran's Economic Minister: We Have Plans for an Economic Offensive Against the Enemy - Fars News. EQPT investors face securities lawsuit deadline.
US index futures: S and P futures is down 0.2 percent, Nasdaq futures is down 0.74 percent, Dow futures is up 0.26 percent and Russell futures is down 0.66 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.25 percent, the Nasdaq 100 is down 0.86 percent and the Russell 2000 is down 0.65 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.24 percent, euro dollar is down 0.11 percent and dollar yen is up 0.14 percent. Volatility and commodities: the VIX is at 15.77, up 4.23 percent, WTI crude is down 2.15 percent and gold is up 0.36 percent.
GLD trades above $4,700; best-month run since 1999.
Breaking. LiveSquawk reports Bessent unveils a global anti-Iran sanctions plan, signals China is not exempt, while the US weighs China overcapacity tariffs of 7.5% and Trump vows to double Canadian auto tariffs.
US index futures: S and P futures is down 0.2 percent, Nasdaq futures is down 0.78 percent, Dow futures is up 0.27 percent and Russell futures is down 0.64 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.21 percent, the Nasdaq 100 is down 0.81 percent and the Russell 2000 is down 0.67 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.22 percent, euro dollar is down 0.11 percent and dollar yen is up 0.15 percent. Treasury yields are lower: the five-year yield is at 4.403 percent, down 2.1 basis points, the 10-year yield is at 4.696 percent, down 4.2 basis points and the 30-year yield is at 5.227 percent, down 4.9 basis points. Volatility and commodities: the VIX is at 15.76, up 4.16 percent, WTI crude is down 2.17 percent and gold is up 0.26 percent.
Breaking. The dollar index edged up to 99.0 but stayed near three-month lows after a third weekly decline in four, pressured by longer-dated Treasury buyback expansion amid escalating Canada tariffs and expanded Iran-related sanctions.
Here is what changed in the last few minutes. Iran says it is fully prepared for new US economic campaign.
US index futures: S and P futures is down 0.1 percent, Nasdaq futures is down 0.55 percent, Dow futures is up 0.25 percent and Russell futures is down 0.61 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.11 percent, the Nasdaq 100 is down 0.56 percent and Russell futures is down 0.64 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.19 percent, euro dollar is down 0.1 percent and dollar yen is up 0.15 percent. Treasury yields are lower: the 10-year yield is at 4.7 percent, down 3.8 basis points. Volatility and commodities: the VIX is at 15.7, up 3.77 percent, WTI crude is down 2.42 percent and gold is up 0.36 percent.
Gold Holds Near Three-Month High as Dollar Stays Weak.
Crude oil settles at $85.01, down 2.35%.
NYMEX Natural Gas September futures settled at two dollars and seventy-eight cents per MMBtu.
Coinbase warns of latency and degraded performance for PayPal withdrawals. Pakistan’s Munir meets Iran’s President Pezeshkian, Mehr says. The President participates in a Rose Garden Event at 18:30 UTC.
Breaking. Brent crude extends losses to below $92 a barrel after US Treasury Secretary Scott Bessent announces plans to isolate Iran via sanctions on entities and individuals tied to the country’s oil business.
AI bond issuance competes with Treasury for capital, with approximately $220 billion of debt issued this year. Mastercard shares trade higher after a financial disclosure filing showed President Donald Trump’s investment accounts bought millions of dollars of the company’s stock during June. The next observable catalyst is The President participates in a Rose Garden Event at 18:30 UTC.
US index futures: S and P futures is down 0.3 percent, Nasdaq futures is down 0.88 percent, Dow futures is up 0.11 percent and Russell futures is down 0.79 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.21 percent, the Nasdaq 100 is down 0.73 percent and the Russell 2000 is down 0.86 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.24 percent, euro dollar is down 0.14 percent and dollar yen is up 0.15 percent. Treasury yields are lower: the five-year yield is at 4.397 percent, down 2.7 basis points, the 10-year yield is at 4.698 percent, down 4 basis points and the 30-year yield is at 5.227 percent, down 4.9 basis points. Volatility and commodities: the VIX is at 15.8, up 4.43 percent, WTI crude is down 2.64 percent and gold is up 0.27 percent.
CENTCOM reports forces redirected 71 commercial vessels as of August 24th. Separately, US Ag. Sec. Rollins will reopen a second port for Mexican cattle in 30 days. The next observable catalyst is The President participates in a Rose Garden Event at 18:30 UTC.
Knightscope will unveil its Autonomous Security Force at GSX 2026.
President Trump states Canada has relied on the United States for decades for electricity, oil, and gas, and warns of consequences if Canada does not "fall in line."
Food product shares are trading higher as corn prices hit a three-year high.
Rubio urges close US-Korea coordination. Iran says U.S. must change behavior under MOU terms.
US index futures: S and P futures is down 0.31 percent, Nasdaq futures is down 0.86 percent, Dow futures is up 0.09 percent and Russell futures is down 0.71 percent.
The Cross-asset desk update. US equities are lower: the S and P 500 is down 0.31 percent, the Nasdaq 100 is down 0.89 percent and Russell futures is down 0.71 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.24 percent, euro dollar is down 0.13 percent and dollar yen is up 0.14 percent. Treasury yields are lower: the 10-year yield is at 4.7 percent, down 3.8 basis points. Volatility and commodities: the VIX is at 15.75, up 4.1 percent, WTI crude is down 2.52 percent and gold is up 0.29 percent.
Musk states the Vera Rubin NVL72 system is slated for an orbit launch in Q4 of next year. Bessent has pledged to isolate Iran, while the US considers tariffs on Chinese overcapacity. SpaceX and Nvidia are partnering on the Vera Rubin NVL72 system, targeting a Q4 2025 launch.
FUL Ancora reaffirms its offer to acquire H.B. Fuller's BAS segment. Canada's Prime Minister Mark Carney states that talks hinge on the US attitude toward Canadian industry. CVC, EQT, and Bain are reportedly considering bids for a Siemens Energy division.
Canada’s Prime Minister Mark Carney flags more targeted counter-tariffs. U.S. Treasury Secretary Bessent warns of a wave of sanctions. Saudi Aramco pacts and MOUs carry potential value over three point seven billion dollars.
US index futures: S and P futures is down 0.18 percent, Nasdaq futures is down 0.68 percent, Dow futures is up 0.22 percent and Russell futures is down 0.56 percent.
Breaking. U.S. Treasury Secretary Bessent states Trump is making calls to world leaders with specific requests to cease interactions with Iran, citing U.S. sanctions reach and an objective to sever Iran’s economic lifelines.
Breaking. US Treasury Secretary Bessent signals an upcoming wave of sanctions.
Breaking. US Treasury sanctions nearly 60 Iran-linked entities and vessels across nuclear, missile, cyber, and oil networks.
Ontario Premier Doug Ford is calling for restricting shipments to the U.S. and inflicting economic pain on the United States.
US index futures: S and P futures is down 0.15 percent, Nasdaq futures is down 0.68 percent, Dow futures is up 0.25 percent and Russell futures is down 0.6 percent.
Cross-asset desk update. US equities are lower: the S and P 500 is down 0.13 percent, the Nasdaq 100 is down 0.67 percent and the Russell 2000 is down 0.52 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.17 percent, euro dollar is down 0.08 percent and dollar yen is up 0.08 percent. Treasury yields are lower: the five-year yield is at 4.399 percent, down 2.5 basis points, the 10-year yield is at 4.69 percent, down 4.8 basis points and the 30-year yield is at 5.217 percent, down 5.9 basis points. Volatility and commodities: the VIX is at 15.66, up 3.5 percent, WTI crude is down 2.29 percent and gold is up 0.73 percent.
US gasoline futures hold near three dollars twenty-five cents as Iran sanctions loom. Senator Vance states Canada applies tariffs affecting states like Maine, and identifies Canada and China as worst on trade policy.
Russian forces hit cargo vessel in Odesa port. Netanyahu says Iran tried to assassinate Israeli official. Iran foreign minister joins Ghalibaf-Munir meeting, IRNA says.
Netanyahu says Iran attempted to assassinate one of his family members.
Local Syrian sources say Israeli armored units once again penetrated Syrian territory in the southern outskirts of Quneitra, according to Tasnim News.
Treasury Secretary Scott Bessent may consider buybacks, selling short-term debt, and possibly eliminating the 20-year bond, according to sources cited by FOX Business reporter Charles Gasparino.
Here is what changed in the last few minutes. Bitcoin view turns bullish on liquidity and AI-collateral thesis. Guyana authorities probe ExxonMobil fire at floating output vessel. CAC 40 closes 0.37% lower as Stellantis leads declines. The next scheduled risk is The President participates in a Policy Meeting at 16:30 UTC.
US index futures: S and P futures is down 0.13 percent, Nasdaq futures is down 0.71 percent, Dow futures is up 0.39 percent and Russell futures is down 0.46 percent.
US equities are lower: the S&P 500 is down 0.14 percent, the Nasdaq 100 is down 0.76 percent, and the Russell 2000 is down 0.54 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.2 percent, EUR/USD is down 0.08 percent, and USD/JPY is up 0.11 percent. Treasury yields are lower: the five-year yield is at 4.405 percent, down 1.9 basis points, the 10-year yield is at 4.698 percent, down 4 basis points, and the 30-year yield is at 5.228 percent, down 4.8 basis points. Volatility is up with the VIX at 15.75, a 4.1 percent increase. In commodities, WTI crude is down 2.55 percent, and gold is up 0.55 percent.
Treasury options under review include buybacks and the elimination of the 20-year bond.
European cash markets finished mixed: the Euro Stoxx 50 closed down 0.22 percent, the DAX closed down 0.11 percent, the CAC 40 closed down 0.37 percent and the FTSE 100 closed up 0.35 percent. UK volume leaders were Lloyds Banking Group up 0.31 percent, BP down 2.88 percent, Barclays up 0.56 percent, Shell down 0.37 percent and HSBC up 0.7 percent. continental European volume leaders were UBS up 1.65 percent, Deutsche Telekom up 0.45 percent, Novartis down 0.52 percent, Nestle up 0.98 percent and SAP down 0.49 percent.
Infleqtion reports its collaboration with Japan's moonshot program has achieved a major milestone, with the "shunkai" neutral atom quantum computer now operational. The system is set to run at 50 qubits and is planned to scale to 500 qubits.
Japan's government is considering tax breaks on gains from sales of non-core businesses, with exemptions from corporate tax if companies reinvest proceeds in acquisitions.
The FTSE MIB is down 0.2% at 52,542, with Eni, Stellantis, Prysmian, and STMicroelectronics under pressure. Polestar reports the U.S. indicated approval to sell cars in America.
Crude oil is down more than 2% to below $85 a barrel. This follows news that the US plans to intensify economic pressure on Iran.
South Korea’s Foreign Minister and US Secretary of State Rubio held phone talks Monday, according to Yonhap.
US index futures: S and P futures is down 0.27 percent, Nasdaq futures is down 0.91 percent, Dow futures is up 0.26 percent and Russell futures is down 0.49 percent.
US equities are lower: the S&P 500 is down 0.18 percent, the Nasdaq 100 is down 0.71 percent, and the Russell 2000 is down 0.6 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.16 percent, euro-dollar is down 0.06 percent, and dollar-yen is up 0.13 percent. Treasury yields are lower: the five-year yield is at 4.397 percent, down 2.7 basis points, the 10-year yield is at 4.692 percent, down 4.6 basis points, and the 30-year yield is at 5.223 percent, down 5.3 basis points. Volatility is up with the VIX at 15.84, a 4.69 percent increase. WTI crude is down 2.71 percent, and gold is up 1.05 percent.
US Treasury Secretary Bessent is set to give a final warning to cut economic ties with Iran, according to Fox.
Citadel Securities warns that Treasury's expanded bond buybacks could suppress long-term yields, weaken the dollar, and fuel inflation. Separately, Citigroup indicates that physical demand needs to increase to sustain the current gold rebound. WTI crude is trading below $84 a barrel, down 2.71% intraday.
Iran's Mokhber states that Iran's response will be more decisive than ever, according to Mehr News.
US Strategic Petroleum Reserve crude stocks fell by 3.7 million barrels last week to 289.7 million barrels, the lowest level since 1982.
The S&P 500 is down. The S&P 500 is up.
US index futures: S and P futures is down 0.26 percent, Nasdaq futures is down 1.04 percent, Dow futures is up 0.19 percent and Russell futures is down 0.55 percent.
US equities are lower: the S&P 500 is down 0.36 percent, the Nasdaq 100 is down 1.12 percent, and the Russell 2000 is down 0.46 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.18 percent, EUR/USD is down 0.07 percent, and USD/JPY is up 0.12 percent. Treasury yields are lower: the five-year yield is at 4.401 percent, down 2.3 basis points, the 10-year yield is at 4.7 percent, down 3.8 basis points, and the 30-year yield is at 5.228 percent, down 4.8 basis points. Volatility is higher with the VIX at 15.82, up 4.56 percent. In commodities, WTI crude is down 2.42 percent and gold is up 1.07 percent.
President Trump stated tariffs on Canadian cars, trucks, auto parts, and steel will rise to 50% on January 1, 2027. GM, Ford, and Stellantis are trading lower, while U.S. steelmakers are trading higher.
Nvidia Groq 3 LPX is now in full production. Additionally, SpaceXAI is adopting Nvidia Vera CPU to accelerate agentic AI.
Kallas proposes tougher Russia sanctions this autumn. No further details are supplied.
Rice futures are trading near January 2025 highs, around $14.8 per hundredweight. Separately, USO confirmed that one of its vessels, the 'amzan', was attacked in the Red Sea.
US index futures: S and P futures is down 0.38 percent, Nasdaq futures is down 1.32 percent, Dow futures is up 0.29 percent and Russell futures is down 0.35 percent.
US equities are lower: the S&P 500 is down 0.22 percent, the Nasdaq 100 is down 1.02 percent, and the Russell 2000 is down 0.47 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.14 percent, euro dollar is down 0.06 percent, and dollar yen is up 0.13 percent. Treasury yields are lower: the five-year yield is at 4.403 percent, down 2.1 basis points, the 10-year yield is at 4.702 percent, down 3.6 basis points, and the 30-year yield is at 5.235 percent, down 4.1 basis points. Volatility and commodities: the VIX is at 15.84, up 4.69 percent, WTI crude is down 2.4 percent, and gold is up 1.06 percent.
The Mexican peso extends its gains for a sixth consecutive week, trading around 16.95 per US dollar.
JLL reports a trophy Seaport office tower traded for $435 million.
Russia's Perm Oil refinery has halted processing after an attack. No additional details or magnitude were supplied.
Pennsylvania American Water plans a $321 million investment to expand PFAS treatment in Pennsylvania. Bitcoin rose roughly 22% in one week, moving back above its 200-day moving average, while iShares Bitcoin Trust ETF (IBIT) gained 22.59% over the five sessions through Friday.
The US plans to invest $750 million in US site LLC for a rare-earths initiative. Separately, Leidos has secured a five-year, $301 million U.S. Army cyber contract.
US index futures: S and P futures is down 0.29 percent, Nasdaq futures is down 1.28 percent, Dow futures is up 0.26 percent and Russell futures is down 0.62 percent.
US equities are lower: the S&P 500 is down 0.4 percent, the Nasdaq 100 is down 1.44 percent, and the Russell 2000 is down 0.5 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.18 percent, EUR/USD is down 0.07 percent, and USD/JPY is up 0.13 percent. Treasury yields are lower: the five-year yield is at 4.403 percent, down 2.1 basis points, and the 30-year yield is at 5.234 percent, down 4.2 basis points. WTI crude is down 1.76 percent, and gold is up 0.84 percent. The VIX is up 5.75 percent at 16.
Technology stocks are dragging equities lower in a risk-off start to a week packed with major geopolitical and economic events.
The iShares Russell 2000 ETF, IWM, is hitting new lows and is down 0.6%.
German Finance Minister Klingbeil links the surge in bond yields to "Trump's war," according to Pro. Canatu has received a further reactor order from FST, validating its CNT technology for pellicle manufacturing.
The Chicago Fed National Activity Index registered -0.08 in July, down from 0.06 in the prior month. Separately, the Ibovespa is down nearly 1% below 170,000 amid uncertainty over US sanctions against Iran, and the Focus Survey has lifted its 2027 inflation estimate to 4.25% from 4.24%.
Generalist AI has raised $198.2 million in equity financing, according to an SEC filing. Hims & Hers Health was placed on Visa monitoring due to excessive customer complaints in its weight-loss subscription business. Yemen's Houthis claim an attack on a vessel off Saudi Arabia's Yanbu.
Breaking. USO faces Yemen Houthi attack risk near Saudi Yanbu. USO is exposed to reports that Yemen’s Houthis attacked a vessel off Saudi Arabia’s Yanbu, though there is no Saudi confirmation provided.
Infineon Technologies AG has a deal expected to close in Q3 2026. No additional deal terms or catalyst details are provided.
US index futures: S and P futures is down 0.28 percent, Nasdaq futures is down 0.95 percent, Dow futures is down 0.09 percent and Russell futures is down 0.11 percent.
US equities are lower: the S&P 500 is down 0.31 percent, the Nasdaq 100 is down 1.06 percent, and Russell futures are down 0.11 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.14 percent, EUR/USD is down 0.04 percent, and USD/JPY is up 0.12 percent. Treasury yields are lower: the five-year yield is at 4.419 percent, down 0.5 basis points, the 10-year yield is at 4.716 percent, down 2.2 basis points, and the 30-year yield is at 5.241 percent, down 3.5 basis points. Volatility is higher with the VIX at 15.84, up 4.69 percent. WTI crude is down 1.48 percent and gold is up 1.08 percent.
MarineTraffic data shows vessel traffic remained active through Hormuz and Bab el-Mandeb last week, though headline volumes mask significant changes in the underlying mix.
Zerostack Corp. reports cryptocurrency holdings with an aggregate market value of approximately $1.06 billion, representing $18.19 per partially diluted share. MicroVision announces multiple IRIS orders across North America and Europe. Cyabra has secured contracts with two European national security agencies, with total annual revenues exceeding $500,000.
US index futures: S and P futures is down 0.16 percent, Nasdaq futures is down 0.59 percent, Dow futures is down 0.1 percent and Russell futures is down 0.11 percent.
US equities are lower: S&P futures are down 0.17 percent, Nasdaq futures are down 0.62 percent, and Russell futures are down 0.1 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.14 percent, EUR/USD is down 0.03 percent, and USD/JPY is up 0.08 percent. Treasury yields are lower: the five-year yield is at 4.417 percent, down 0.7 basis points; the 10-year yield is at 4.712 percent, down 2.6 basis points; and the 30-year yield is at 5.239 percent, down 3.7 basis points. Volatility is higher with the VIX at 15.91, up 5.16 percent. In commodities, WTI crude is down 1.81 percent and gold is up 0.84 percent.
Braskem's out-of-court restructuring plan includes a possible follow-on share offering, with instrument exposure tied to BAK-listed equity. Separately, Tesla has lost another top chip engineer to ex-Dojo startup DensityAI.
Zillow and Redfin have resolved antitrust litigation, with their partnership continuing through at least June 30, 2030. Zillow Group reaffirmed its Q3, Q4, and full-year 2026 financial outlook. GRI Bio will present Phase 2a GRI-0621 data on lung function, anti-fibrotic biomarkers, and tolerability in IPF at ERS 2026. Bitmine Immersion Technologies reports total crypto, cash, and "moonshot" holdings of $14.9 billion, including 5.85 million Ethereum tokens, over 5 million ETH staked, and projected annualized staking revenue of $330 million.
PDD Holdings reports Q2 revenue up 8% year over year to RMB 112.4 billion, with net income down 12% to RMB 27.2 billion. Argus maintains a Buy rating on ASH and raises its price target to $80 from $64. Wattmore and Eos Energy Enterprises announce a strategic software and energy storage agreement.
The Iranian Rial has hit a record low. This comes as U.S. Treasury Secretary Scott Bessent is scheduled to hold a press conference today at 2:00 P.M. ET, expected to detail new sanctions and economic measures against Iran.
US index futures: S and P futures is down 0.13 percent, Nasdaq futures is down 0.53 percent, Dow futures is down 0.13 percent and Russell futures is down 0.17 percent.
US equity futures are lower: S&P futures are down 0.13 percent, Nasdaq futures are down 0.53 percent, and Russell futures are down 0.17 percent. In FX, the dollar is firmer with the dollar index up 0.11 percent. EUR/USD is down 0.04 percent and USD/JPY is up 0.02 percent. Treasury yields are lower across the curve: the 5-year yield is at 4.408 percent, down 1.6 basis points; the 10-year yield is at 4.708 percent, down 3 basis points; and the 30-year yield is at 5.234 percent, down 4.2 basis points. The VIX is at 15.87, up 4.89 percent. In commodities, WTI crude is down 1.87 percent and gold is up 0.78 percent.
Breaking. China develops a missile intended to target planes thousands of miles away.
USTR Greer will meet a Mexico delegation this week on trade. TEM Tempus has received FDA clearance for its AI product designed to detect signs of pulmonary hypertension from standard ECGs. Ameriwest Critical Metals plans to sell its Railroad Valley property in Nevada to Pure Energy Minerals.
Breaking. Silver trades above $69 an ounce, near its highest level since mid-June.
ZJK Industrial has secured large-volume purchase orders for AI infrastructure components, covering its precision parts and hardware business. Separately, Ivanhoe Electric received a preliminary project letter from US EXIM for up to $1.1 billion in potential debt financing for its Santa Cruz copper project, an increase from the prior $825 million letter.
USTR Greer states that heavy trucks are among the items Canada wanted, as discussed in remarks related to trade negotiations.
USTR Greer states there are no issues proceeding with its trade policy as planned. Greer also indicated political reasons were a driver for Canada's action, and Canada was offered the best access to the U.S.
Gold is up nearly 1% to above $4,650 an ounce, reaching its highest level since mid-May.
US index futures: S and P futures is down 0.19 percent, Nasdaq futures is down 0.57 percent, Dow futures is down 0.12 percent and Russell futures is down 0.09 percent.
US equities are lower: S&P futures are down 0.16 percent, Nasdaq futures are down 0.52 percent, and Russell futures are down 0.06 percent. In foreign exchange, the dollar is firmer with the dollar index up 0.17 percent, euro dollar down 0.09 percent, and dollar yen up 0.1 percent. Volatility is higher, with the VIX at 15.9, up 5.09 percent. In commodities, WTI crude is down 1.93 percent and gold is up 0.71 percent.
The FT reports the US plans a nuclear-powered merchant fleet. Edible Garden and Square Roots announce a strategic partnership. MicroStrategy's SEC filing reports 840,447 Bitcoin held, a $75.39 billion aggregate purchase price, $5.10 billion USD reserve, and $1.59 billion USD cash as of August 23, 2026.
Capstone Energy+ CEO Vince Canino reports rising demand for onsite power is increasing orders for larger generation blocks. Roche and Lilly's Elecsys pTau217, a biomarker blood test for Alzheimer's, received FDA clearance. Canaccord notes SPY consolidation, but sees underlying resilience in stocks and consumers.
NVT is down 2% premarket after the company announced it will acquire Maverick Power for $1.75 billion. Total's CEO reports USO crude is moving through the Strait of Hormuz "very quietly." Gemini Space Station signed a letter of intent with Apex Fintech Solutions to distribute Gemini’s CFTC-regulated crypto event contracts.
US index futures: S and P futures is down 0.2 percent, Nasdaq futures is down 0.57 percent, Dow futures is down 0.18 percent and Russell futures is down 0.18 percent.
US equities are lower: S&P futures are down 0.28 percent, Nasdaq futures are down 0.68 percent, and Russell futures are down 0.27 percent. In foreign exchange, the dollar is firmer with the dollar index up 0.18 percent, while EUR/USD is down 0.03 percent and USD/JPY is up 0.06 percent. Volatility is higher, with the VIX at 16.04, up 6.01 percent. In commodities, WTI crude is down 1.79 percent and gold is up 0.4 percent.
The IEA is not discussing a second strategic oil reserve release at this time. The agency's chief, Fatih Birol, confirms the March release was 400 million barrels, leaving 80% of reserves.
Micron memory pricing update suggests blended DRAM and NAND average selling prices quarter-to-date are trending better than expectations.
Guardant Health has been ordered to pay over $245.2 million to TwinStrand Biosciences and the University of Washington following a patent infringement ruling. Separately, Insulet CEO Ashley McEvoy reported a Form 4P transaction for 1,100 shares at $147.47. Stifel initiated coverage on JMKE with a Buy rating.
Napa Security Technologies will increase its quarterly dividend to $0.17 per share, payable October 2, 2026. Separately, Labcorp will offer the first FDA-cleared blood test for Alzheimer's pathology.
Putin says Russia increases fertilizer supplies to India. Xiaomi launches its Xring O3 chip, reportedly using TSMC's 3-nanometre process, targeting 200,000 to 300,000 shipments. Eli Lilly launches its oral weight-loss drug Foundayo in the UK.
US index futures: S and P futures is down 0.31 percent, Nasdaq futures is down 0.77 percent, Dow futures is down 0.2 percent and Russell futures is down 0.24 percent.
US equities are lower: S&P futures are down 0.31 percent, Nasdaq futures are down 0.77 percent, and Russell futures are down 0.24 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.21 percent, EUR/USD is down 0.09 percent, and USD/JPY is up 0.17 percent. The VIX is at 15.95, up 5.42 percent. WTI crude is down 2.1 percent, and gold is up 0.39 percent.
BKV Corporation announced its Form S-3 registration statement is effective, which can support future securities issuance. UPS is investing over $2 billion for faster service and more resilient global supply chains. India's BSE Sensex closed about 0.2% lower at 77,369, ending a two-day winning streak.
INSM reports its brensocatib has been approved in Japan for non-cystic fibrosis bronchiectasis. InterCure has reached a final settlement with Israeli tax authorities for approximately $77 million in indirect war damages. Agnico Eagle will acquire 53.4 million Radisson Mining Resources units for C$57.2 million.
Breaking. The U.S. economic calendar for Monday, August 24th, includes the Chicago Fed National Activity Index at 8:30 AM ET, a preliminary Treasury buyback announcement at 11:00 AM ET, and 3- and 6-month bill auctions at 11:30 AM ET.
Brazilian petrochemical firm Braskem has filed for an out-of-court debt restructuring. Separately, Silver Bow Mining Corp signed a definitive agreement to acquire the Jefferson County metallurgical complex in Montana for $28.60 million cash to creditors.
Martin Marietta has completed its combination with Lhoist North America. No further transaction terms or catalysts were supplied.
U.S. Treasury Secretary Bessent wrote in the Financial Times that an economic D-Day is coming for Iran, stating the U.S. would deliver a major financial offensive and warning nations courting reprieve from Tehran.
Shell is drawing Exxon interest in the planned $8 billion sale of its US chemical assets. Separately, China has opened applications for an 800 billion yuan policy-based financing tool for local government projects. And Hugging Face has been fielding M&A interest for a deal worth at least $13 billion.
China's Xi states that China consistently advocates for resolving disputes through political and diplomatic means. GE Vernova introduces a medium-voltage UPS to accelerate AI factory buildout, with shipments beginning mid-2027. Takeda Pharmaceutical's Orzeyful has received Japan approval for narcolepsy type 1.
US index futures: S and P futures is down 0.18 percent, Nasdaq futures is down 0.58 percent, Dow futures is down 0.06 percent and Russell futures is down 0.11 percent.
US equity futures are lower: S&P futures are down 0.18%, Nasdaq futures are down 0.58%, and Russell futures are down 0.11%. In FX, the dollar is firmer with the dollar index up 0.18%. EUR/USD is down 0.09%, and USD/JPY is up 0.13%. The VIX is at 15.92, up 5.22%. WTI crude is down 2.45%, and gold is up 0.42%.
Canadian Pacific Kansas City and IBEW agreed to binding arbitration, ending the strike and sending employees back to work beginning August 24. Amazon's autonomous vehicle without a steering wheel, dashboard, or pedals is the first to charge for rides. Michael Burry exited Alibaba and built a large position in JD.com, citing concern over Alibaba's planned share issuance as Alibaba seeks about $10.2 billion in a discounted stock offering for AI expansion.
AAOI has entered a $600 million equity distribution agreement. The company may issue and sell up to $600 million of common stock through sales agents Raymond James and Needham & Company. AAOI shares are down 12% in premarket trading.
China's Foreign Minister Wang Yi calls for immediate dialogue to de-escalate US-Iran tensions in the Gulf. Separately, the Shell CEO states the oil market's 'shock absorber' is weakening.
EWJ and FXI track mixed Asian and European index moves. The Nikkei fell 488 points to 65,528, the Shanghai Index fell 23 points to 3,882, and the Hang Seng dropped 492 points to 25,517. The DAX and FTSE 100 each rose 23 points.
NVIDIA is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at more than $30 billion. Alibaba Group Holding Limited prices a HK$80 billion equity placement of 710 million newly issued ordinary shares at HK$112.70 each. Baird downgrades BRCB from Outperform to Neutral and cuts its price target to $10 from $12.
Trump's Monday, August 24 schedule includes policy meetings and tele-rallies. Additionally, Treasury Secretary Bessent is set to introduce new economic sanctions on Iran. Analysts have also raised price targets on DE, EMR, EOG, and several other tickers.
US index futures: S and P futures is down 0.14 percent, Nasdaq futures is down 0.54 percent, Dow futures is down 0.04 percent and Russell futures is down 0.05 percent.
US equities are lower: S&P futures are down 0.14 percent, Nasdaq futures are down 0.54 percent, and Russell futures are down 0.06 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.18 percent, EUR/USD is down 0.07 percent, and USD/JPY is up 0.16 percent. The VIX is at 15.88, up 4.96 percent. WTI crude is down 2.3 percent, and gold is up 0.51 percent.
Alibaba CEO Wu Yongming purchased 350,000 shares at an average price of $14.24, totaling approximately $5 million. XPENG's robotics unit raised over $900 million, achieving a post-money valuation exceeding $6.3 billion. Separately, Elon Musk commented on a resurfaced passage from Wernher von Braun's fiction, which described a Martian leader titled 'Elon'.
Precision BioSciences has commenced dosing in its Phase 1/2 FUNCTION-DMD study.
Ecovyst announces a chief financial officer transition. No catalyst, timing, or successor details were supplied.
Baird reiterates an Outperform rating on EAT, with a price target of $325.
Total's CEO states crude is moving through Hormuz today 'very quietly'.
US index futures: S and P futures is down 0.16 percent, Nasdaq futures is down 0.57 percent, Dow futures is down 0.03 percent and Russell futures is down 0.07 percent.
US equities are lower: S&P futures are down 0.17 percent, Nasdaq futures are down 0.6 percent, and Russell futures are down 0.08 percent. In foreign exchange, the dollar is firmer; the dollar index is up 0.2 percent, EUR/USD is down 0.1 percent, and USD/JPY is up 0.15 percent. Volatility and commodities: the VIX is at 15.9, up 5.09 percent, WTI crude is down 1.92 percent, and gold is up 0.23 percent.
EU carbon permits are trading at 83.80 EUR, a four-week high. Nvidia is in discussions to invest in AI startup Perplexity, potentially valuing the company at over $30 billion.
Iran's rial has fallen to a record low of 2.027 million against the US dollar in the open market. Concurrently, hedge funds are expanding short positions against the US dollar following Treasury Secretary Scott Bessent's decision to double long-term bond buybacks, with options demand for dollar downside also rising.
Here is what changed in the last few minutes. NVIDIA DISCUSSES PERPLEXITY INVESTMENT AT OVER $30B VALUATION - TIF. Iran denies Oman Tehran visit links to Pakistan Army Chief. TSMC to manufacture Xiaomi's new Xring O3 chip.
US index futures: S and P futures is down 0.1 percent, Nasdaq futures is down 0.58 percent, Dow futures is up 0.04 percent and Russell futures is down 0.03 percent.
US equity futures are lower: S&P futures are down 0.11 percent, Nasdaq futures are down 0.55 percent, and Russell futures are down 0.05 percent. In FX, the US Dollar Index is up 0.2 percent, EUR/USD is down 0.09 percent, and USD/JPY is up 0.16 percent. The VIX is at 15.87, up 4.89 percent. WTI crude is down 2.62 percent, and Gold is up 0.25 percent.
Several stocks, including BIAF, BRCC, INCR, VCIG, GRML, GAME, and SKYE, are scheduled for reverse stock splits on Monday, August 24. Ratios range from 1-for-5 to 1-for-50.
South Korea President Lee is set to meet Samsung Electronics chair, likely this week. No further details on the agenda or market impact have been provided.
US index futures: S and P futures is down 0.16 percent, Nasdaq futures is down 0.63 percent, Dow futures is unchanged at 0 percent and Russell futures is down 0.07 percent.
US equity futures are lower: S&P futures are down 0.19 percent, Nasdaq futures are down 0.68 percent, and Russell futures are down 0.04 percent. In FX, the dollar is firmer with the dollar index up 0.21 percent. EUR/USD is down 0.09 percent, and USD/JPY is up 0.19 percent. Volatility is higher, with the VIX at 15.9, up 5.09 percent. WTI crude is down 1.69 percent, and gold is up 0.15 percent.
Southern California Edison reports an outage in Long Beach that affected 22,066 customers at its peak Sunday evening. Crews are working to restore service, with no estimated restoration time provided.
Goldman Sachs and The Kobeissi Letter estimate China bought 88 tonnes of gold in May and June. June OTC data indicate a 40-tonne purchase versus the official 15 tonnes reported.
Rice leads commodity gainers, up 3.92%, with corn rising 2.17% and wheat 1.69%. In the UK, FICO reports credit card payment rates have fallen while card balances have risen.
US index futures: S and P futures is down 0.28 percent, Nasdaq futures is down 0.91 percent, Dow futures is down 0.06 percent and Russell futures is down 0.1 percent.
US equities are lower: S&P futures are down 0.26 percent, Nasdaq futures are down 0.82 percent, and Russell futures are down 0.15 percent. In foreign exchange, the dollar is firmer with the dollar index up 0.16 percent. EUR/USD is down 0.07 percent, while USD/JPY is up 0.17 percent. Volatility is higher, with the VIX at 15.95, up 5.42 percent. In commodities, WTI crude is down 1.72 percent, and gold is up 0.39 percent.
Asian cash markets finished mixed: the Nikkei 225 closed down 0.74 percent, the Hang Seng closed down 1.98 percent, the Shanghai Composite closed down 0.59 percent, the KOSPI closed down 3.12 percent and the ASX 200 closed up 0.49 percent. Asian volume leaders were Alibaba down 8.86 percent, Xiaomi down 4 percent, AIA Group down 0.67 percent, Tencent down 3.76 percent and Meituan down 3.29 percent.
Lithium carbonate is up 5.42%, leading commodity gainers. OCS has treated the first patient in its PIONEER-1 registrational trial of Privosegtor for optic neuritis.
Iran's Foreign Ministry spokesperson Baghaei states Iran has issued warnings regarding cooperation with the US over its economic pressure on Tehran.
France's CAC 40 opened 0.2% lower at 8,467. US natural gas prices are down to $2.73 per million British thermal units.
US index futures: S and P futures is down 0.18 percent, Nasdaq futures is down 0.63 percent, Dow futures is down 0.05 percent and Russell futures is down 0.03 percent.
US equity futures are lower: S&P futures are down 0.18%, Nasdaq futures are down 0.63%, and Russell futures are down 0.03%. In FX, the US Dollar Index is up 0.11%, EUR/USD is up 0.02%, and USD/JPY is up 0.1%. In commodities, WTI crude is down 2.15% and gold is up 0.44%.
US index futures: S and P futures is down 0.22 percent, Nasdaq futures is down 0.76 percent, Dow futures is down 0.07 percent and Russell futures is down 0.09 percent.
US equity futures are lower: S&P futures are down 0.22%, Nasdaq futures are down 0.76%, and Russell futures are down 0.09%. In FX, the dollar is firmer with the Dollar Index up 0.08%, EUR/USD is unchanged, and USD/JPY is up 0.09%. In commodities, WTI crude is down 2.08% and gold is up 0.55%.
Zelensky urges Musk to extend Starlink coverage over Russia, arguing expanded coverage would weaken Russia’s ability to prolong the war.
Emerson reports Equinor selected its advanced measurement instrumentation to optimize operations and accelerate development. No deal value was supplied.
US index futures: S and P futures is down 0.25 percent, Nasdaq futures is down 0.8 percent, Dow futures is down 0.1 percent and Russell futures is down 0.09 percent.
US equity futures are lower: S&P futures are down 0.25%, Nasdaq futures are down 0.8%, and Russell futures are down 0.09%. The US Dollar Index is up 0.07%, with EUR/USD up 0.03% and USD/JPY up 0.01%. In commodities, WTI crude is down 2.06% and Gold is up 0.54%.
UK natural gas prices are at 161 pence per therm. This move occurs as investors await a US plan to economically isolate Iran and as Strait of Hormuz disruptions delay Qatari LNG.
TSMC is set to manufacture Xiaomi’s Xring 03.
Coal prices are above $131 per ton, reaching a three-week high. This marks the highest level since early August.
US index futures: S and P futures is down 0.2 percent, Nasdaq futures is down 0.61 percent, Dow futures is down 0.05 percent and Russell futures is down 0.05 percent.
US equity futures are lower: S&P futures are down 0.2 percent, Nasdaq futures are down 0.61 percent, and Russell futures are down 0.05 percent. In FX, the US Dollar Index is up 0.04 percent, EUR/USD is up 0.03 percent, and USD/JPY is down 0.03 percent. WTI crude is down 1.6 percent, and gold is up 0.33 percent. The VIX is down 5.5 percent. US 10-year yields are up 4.2 basis points, and US 5-year yields are up 3.7 basis points.
Implied volatility is elevated for top S&P 500 stock names.
ECB policymaker Cipollone states there are no signs pointing to a scenario of stagflation.
US index futures: S and P futures is down 0.19 percent, Nasdaq futures is down 0.56 percent, Dow futures is down 0.09 percent and Russell futures is down 0.07 percent.
US equity futures are lower: S&P futures are down 0.13 percent, Nasdaq futures are down 0.46 percent, and Russell futures are down 0.01 percent. In FX, the US Dollar Index is up 0.04 percent, EUR/USD is up 0.03 percent, and USD/JPY is unchanged. WTI crude is down 1.75 percent, while Gold is up 0.32 percent. The VIX is down 5.5 percent. The US 10-year yield is up 4.2 basis points, and the US 5-year yield is up 3.7 basis points.
Treasuries are increasing while stocks are falling, with technology names in focus.
US index futures: S and P futures is down 0.14 percent, Nasdaq futures is down 0.41 percent, Dow futures is down 0.08 percent and Russell futures is down 0.04 percent.
US equity futures are lower: S&P futures are down 0.14 percent, Nasdaq futures are down 0.41 percent, and Russell futures are down 0.04 percent. In foreign exchange, the dollar is firmer with the dollar index up 0.03 percent; EUR/USD is up 0.05 percent, and USD/JPY is down 0.01 percent. In commodities, WTI crude is down 1.67 percent, and gold is up 0.32 percent.
US equity futures are lower: S&P futures are down 0.13 percent, Nasdaq futures are down 0.39 percent, and Russell futures are unchanged. In FX, the Dollar Index is up 0.03 percent, EUR/USD is up 0.05 percent, and USD/JPY is down 0.04 percent. WTI crude is down 1.68 percent, and gold is up 0.32 percent.
Iran's foreign ministry states that talks are continuing regarding the Strait of Hormuz.
Iran's foreign ministry spokesperson states that Oman's foreign minister is in Iran.
US index futures: S and P futures is down 0.11 percent, Nasdaq futures is down 0.39 percent, Dow futures is down 0.04 percent and Russell futures is unchanged at 0 percent.
US equity futures are mixed: S&P futures are down 0.11 percent, Nasdaq futures are down 0.41 percent, and Russell futures are up 0.01 percent. In FX, the US Dollar Index is up 0.03 percent, EUR/USD is up 0.03 percent, and USD/JPY is unchanged. WTI crude is down 1.69 percent, while Gold is up 0.4 percent. The VIX is down 5.5 percent. US 10-year yields are up 4.2 basis points, 5-year yields are up 3.7 basis points, and 30-year yields are up 3.9 basis points.
Breaking. European natural gas prices hold near multi-year highs around 65.8 Euros per megawatt-hour.
US index futures: S and P futures is down 0.04 percent, Nasdaq futures is down 0.33 percent, Dow futures is up 0.02 percent and Russell futures is up 0.06 percent.
The offshore yuan weakened to around 6.72 per dollar after the PBOC set the midpoint at 6.7841, 593 pips weaker than Reuters' estimate.
Drone debris triggered a fire in warehouses in Russia's Dagestan region, according to Interfax, quoting local officials. Separately, Federal Reserve Chairman Kevin Warsh is due to debut at the Jackson Hole Symposium.
US index futures: S and P futures is up 0.07 percent, Nasdaq futures is down 0.05 percent, Dow futures is up 0.06 percent and Russell futures is up 0.17 percent.
Corn futures are trading at a 17-month high, climbing toward $5 per bushel.
Nvidia is in talks regarding perplexity funding at over a $30 billion valuation, which is viewed as a tech licensing agreement.
Breaking. The Japanese yen trades little changed around 158.9 per dollar Monday as expectations for an early Bank of Japan rate hike strengthen, with September increase pricing rising to ~82% from ~23% pre-July meeting.
US index futures: S and P futures is up 0.05 percent, Nasdaq futures is down 0.08 percent, Dow futures is up 0.05 percent and Russell futures is up 0.18 percent.
Heating oil futures are retreating to around $4.40 per gallon. Markets are awaiting Treasury Secretary Scott Bessent's planned Iran sanctions announcement.
In Asia FX, the South Korean won is up 0.59% and the Japanese yen is up 0.09%. The Indonesian rupiah is down 0.26%, and the Chinese yuan is little changed.
US index futures: S and P futures is down 0.03 percent, Nasdaq futures is down 0.26 percent, Dow futures is up 0.01 percent and Russell futures is up 0.1 percent.
Hong Kong's Hang Seng Index is down 2.1% at 25,473, with technology stocks leading the decline. US gasoline futures are trading below $3.30 per gallon.
Taiwan's overnight interbank rate opened at 0.805%, unchanged from the previous session.
US index futures: S and P futures is up 0.08 percent, Nasdaq futures is up 0.09 percent, Dow futures is unchanged at 0 percent and Russell futures is up 0.11 percent.
Shein's acquisition of Everlane is undergoing a US national security review.
Silver is trading near a two-month high at $69 an ounce. This follows concerns over US debt management and fiscal sustainability after the Treasury increased buybacks of longer-dated government debt.
US index futures: S and P futures is down 0.04 percent, Nasdaq futures is down 0.14 percent, Dow futures is down 0.07 percent and Russell futures is down 0.01 percent.
Gold is trading near a three-month high, around $4,600 an ounce. This follows persistent concerns over US debt management and fiscal sustainability after the Treasury's unexpected ramp-up of longer-dated government debt buybacks.
US index futures: S and P futures is up 0.11 percent, Nasdaq futures is up 0.21 percent, Dow futures is up 0.01 percent and Russell futures is up 0.12 percent.
SquawkNews LiveCast Briefs are informational market commentary, not investment advice. Facts may be corrected as verified information changes.