Newsmax, citing current and former U.S. officials, reports the Trump administration plans a strike on Iran after next week’s U.S. midterm elections. U.S. military aircraft are being repositioned to relevant locations and the strike is expected to employ a MOAB (Mother of All Bombs), a large air‑blast munition.

Chris Zaccarelli, CIO at Northlight Asset Management, says today's elevated inf and strong GDP print raise upside risk to interest rates—negative for bonds but still tolerable for equities. He warns that if both inf and growth run higher, policy rates will need to be higher. Current inf is not severe and has not halted activity; real growth remains above trend after adjusting for inf. Rising rates alone may not end the bull market, but a growth slowdown or recession could interrupt the rally. Zaccarelli notes capital-spending concerns exist but do not signal a move to a bear market.

NIO Energy and CGN New Energy signed a strategic cooperation agreement in Shanghai to collaborate on zero‑carbon management, green power and energy services to support the green integration of new energy vehicles and China’s evolving power system. The partners will jointly advance charging and battery‑swap stations, enable EV participation in power markets and vehicle‑to‑grid (V2G) services, and cooperate on battery second‑life applications and user‑side energy storage station operations.