The U.S. ambassador to Israel said Israel has notified Washington of an Iranian plot to assassinate the U.S. president. He said Iran's threats are not new, its behavior has not changed, and there is no evidence of a genuine moderate faction in Iran.

CNN sources say Oman has proposed managing shipping through the Strait of Hormuz via two separately controlled channels; the proposal has not been finalized.

Independent researcher The Kobeissi Letter reports 48% of Nasdaq-100 constituents are at least 20% below their all-time highs, the highest since February–March’s selloff this year. That is below the roughly 60% level seen before the March 30 trough, roughly double the share from 12 months ago and well under the 80% peak in the 2022 bear market. Meanwhile 64% of Nasdaq-100 names trade above their 200-day moving average—near this year’s high versus 38% at the March 30 trough. The readings indicate the recent US rally is increasingly concentrated in a small number of large-cap tech stocks and market breadth is narrowing.