Long-term government borrowing costs across leading economies have surged to their highest levels since the 2008 financial crisis, driven by spiking energy markets and geopolitical friction involving the US and Iran.

American economic growth decelerated to 1.5% in the second quarter, missing consensus expectations as rising energy costs and import demand weighed on the economy.

U.S. stock markets closed mixed as escalating conflict with Iran drove Brent crude prices higher. Investors are closely monitoring military developments and the potential for disruptions to global energy transit.

US stock futures are rising as a semiconductor-led tech rally offsets concerns over new Canadian tariffs and geopolitical tensions. Investors are now focusing on corporate earnings and Federal Reserve policy signals.

The Institute of International Finance warns that planned tax adjustments may significantly increase US national debt. Meanwhile, SpaceX is experiencing increased market volatility and a sharp contraction in its valuation.

Major U.S. stock indexes rose as favorable inflation data and positive corporate earnings reports drove investor optimism during the Wednesday session.

The Federal Reserve has appointed Xbox CEO Asha Sharma to a task force evaluating how emerging technologies, including artificial intelligence, affect the economy.

The U.S. dollar is tracking toward its largest monthly gain in nearly a year as investors recalibrate expectations for Federal Reserve policy. Driven by resilient labor data and persistent inflation, markets are now pricing in potential interest rate increases.