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18 articles summarized · Last updated: LATEST

Last updated: July 8, 2026, 8:30 PM ET

Geopolitics & Markets

U.S. equity-index futures slipped Thursday as fresh strikes against Iran stoked fears of wider conflict and potential disruptions to shipping through the Strait of Hormuz. Oil prices climbed amid concerns over Middle East supply disruptions, with the Dow Jones Industrial Average seeing its steepest climb since May collide renewed Iran fighting. The US conducted a second day of strikes, with President Trump claiming Iran has sought negotiations but casting doubt on a deal's prospects strikes against Iran. Divisions within Iran over talks with the U.S. have festered, with the president and foreign minister physically attacked by hard-line supporters who oppose any deal talks U.S.. Meanwhile, a Senate nomination in Maine remains in contention as a candidate resists dropping out following an accusation.

Corporate Dealmaking & Listings

Hong Kong's capital markets are set to host the city's largest listing of the year so far, with Apple supplier Luxshare Precision Industry Co. scheduled to begin trading after raising HK$24.3 billion ($3.1 . The luxury car marketplace and media company DuPont Registry Group is reportedly picking banks for an IPO in the US. In the automotive sector, noteholders of Aston Martin have signed a cooperation pact as the company faces earnings pressure and debt concerns Sign Cooperation Pact. S&P Global Ratings has cut Harley-Davidson's credit grades to junk, citing a strategy to sell lower-cost motorcycles to boost revenue.

Equities & Retail Performance

Levi Strauss has raised its fiscal-year guidance for a second time, now expecting revenue growth of 7% to 7.5%, driven by expanded offerings and a shift to direct-to-consumer sales. At Costco, long-tenured employees like cashier Tony Barzar are becoming millionaires due to the company's willingness to pay for experienced staff who can efficiently serve customers Costco Cashier Millionaire. South Korean memory chipmaker SK Hynix Inc.'s US offering is reportedly more than seven times oversubscribed, with pricing expected Thursday US Offering Oversubscribed. In the UK, the Sizewell nuclear plant's operational life has been extended as part of the nation's net-zero emissions strategy nuclear plant extended.