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U.S. equities extended losses; the Nasdaq fell 3.00% and Tesla (TSLA.O) slipped more than 5% intraday.

2026-06-06

U.S. equities extended losses; the Nasdaq fell 3.00% and Tesla (TSLA.O) slipped more than 5% intraday.

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2026-06-05

May nonfarm payrolls rose 172,000 and the unemployment rate held steady, the Bureau of Labor Statistics said Friday. Prior two months were revised up by a combined 93,000, leaving three-month job gains at their strongest pace in more than two years a

May nonfarm payrolls rose 172,000 and the unemployment rate held steady, the Bureau of Labor Statistics said Friday. Prior two months were revised up by a combined 93,000, leaving three-month job gains at their strongest pace in more than two years and suggesting the labor market may be emerging from a prolonged weak hiring cycle.
2026-06-06

AXIOS reports Witkoff and Kushner reached agreement with Iran last week on a 60‑day memorandum covering a ceasefire extension, reopening the Strait of Hormuz, allowing Iran to sell oil, and negotiations on Iran’s enriched‑uranium stockpile and future

AXIOS reports Witkoff and Kushner reached agreement with Iran last week on a 60‑day memorandum covering a ceasefire extension, reopening the Strait of Hormuz, allowing Iran to sell oil, and negotiations on Iran’s enriched‑uranium stockpile and future enrichment limits. Trump requested two edits to the text; Iran will submit its own changes. The U.S. is awaiting Iran’s formal response; sources say differences are relatively small. Key outstanding issues: Trump insists any final deal include a 60‑day window to dilute Iran’s enriched uranium, while Iran seeks 90 days; and there is disagreement over the amount and timing of releasing frozen Iranian assets — U.S. says funds would be released After a final agreement and specific implementation steps, Iran seeks partial immediate release. If talks move to a second phase, the nuclear expert team that met with Witkoff and Kushner would need to plan disposition of Iranian nuclear material, further enrichment limits, and verification arrangements.
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