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Latest financial news from across the markets

Daily Market Overview

The stock market saw notable movements, with tech giants like Meta and Microsoft leading gains despite rising bond yields. The 10-year Treasury yield reached its highest level in nearly two decades, prompting some investors to consider bonds as an attractive option. Meanwhile, Boeing flagged a software glitch affecting its 737 Max, and Apple faced a significant patent verdict of $5.7 billion. In geopolitical news, tensions surrounding U.S.-Iran relations continued to influence market sentiment, with Trump rejecting Iran's ceasefire proposal.

Latest Market Updates

'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway

'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway

less than a minute ago

Trump says he approved new fuel economy standards, rolling back Biden-era rules

Trump says he approved new fuel economy standards, rolling back Biden-era rules

less than a minute ago

Boeing flags 737 Max software glitch affecting some automated approach functions

Boeing flags 737 Max software glitch affecting some automated approach functions

less than a minute ago

White House moves to block $810 million in funding through pocket rescission

White House moves to block $810 million in funding through pocket rescission

less than a minute ago

OpenAI carrying out 'extensive' model behavior review amid more rogue incidents

OpenAI carrying out 'extensive' model behavior review amid more rogue incidents

less than a minute ago

Meta and Microsoft led tech stocks higher last week despite soaring bond yields

Meta and Microsoft led tech stocks higher last week despite soaring bond yields

less than a minute ago

Westwood Holdings CEO Brian Casey on Y'all Street and an ETF tracking the AI power ecosystem

Westwood Holdings CEO Brian Casey on Y'all Street and an ETF tracking the AI power ecosystem

less than a minute ago