U.S. Vice President Vance said the mechanism is intended to curb the conflict in Lebanon.

SpaceX filed to issue its first senior unsecured investment-grade notes, saying the deal could mark the start of a large fundraising wave to finance its AI ambitions after a record $75 bln IPO. The filing says issuance is subject to market conditions; the notes would be unsecured and pari‑passu with all existing and future non‑subordinated debt. Media reports say SpaceX is seeking at least $20 bln; proceeds would repay a temporary bridge loan of roughly that size, which makes up the bulk of the company’s $29.1 bln of long-term debt. Moody's and FITCH last week rated the debt Baa1 and BBB+ respectively—each three notches above junk—while S&P assigned BBB.

China A-share CPO sector slid in choppy trade. Guanghua Technology hit the daily limit down; Alaide dropped more than 8%. Defu Technology, Pengding Technology, Mingpu Guangci, Nanya New Materials and Taichen Guang also fell.