AI-driven hiring slowdowns are hitting some entry-level jobs for college graduates as companies like Ford and AT&T ramp up recruiting for skilled trade workers.
The selloff came as the outbreak of the U.S.-Iran conflict and resulting surge in crude oil prices sent the Japanese yen and other Asian currencies tumbling.
The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 and June 2025.
Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders.