Iran's foreign minister said he held a productive call with Oman's foreign minister, reaffirming that Iran and Oman will begin talks to define future administrative arrangements and maritime services in the Strait of Hormuz.

US May durable goods orders ex-transportation MoM 1.3% vs 0.6% expected; prior revised to 1.4% from 1.1%.

Quilter Cheviot strategist Ben Barringer said Micron Technology's very strong results suggest the traditionally cyclical memory-chip market is becoming more reliable. Results confirm demand still outstrips supply. Crucially, Micron's shift to long-term customer contracts is providing steadier earnings and reducing exposure to sharp demand swings; the deals effectively set price floors and ceilings and include take-or-pay commitments, smoothing a historically volatile market.