U.S. regulators cleared Iran to sell crude in dollars, a first in decades, sparking a 3.3% slide in Brent crude to just under $78 a barrel. The move follows a rare concession by Iranian officials to allow nuclear inspectors early this week, hinting at a thaw in U.S.–Iran tensions for energy markets globally and policy.

While oil dipped, tech giants felt pressure. Alphabet shares fell 5% after top AI researcher John Jumper left Google Deep Mind for Anthropic, and Noam Shazeer exited for Open AI. The departures signal a talent scramble that could reshape AI leadership and earnings expectations for the sector in the coming quarter, potentially impacting valuation models and investment flows significantly.

SpaceX stock plunged 16% on its third straight day, falling 23% since peak on June 16. Elon Musk’s company also launched its first bond sale, earmarking proceeds to shave debt. Despite the slide, the shares stay above the IPO price, reflecting investor confidence in long‑term space ambitions for satellites and launch services that drive revenue growth in sector.

Major indexes mixed; Dow up 0.3%, S&P 500 down 0.4%, Nasdaq fell 1.3%. U.S. 10‑year yields crossed 4.5% as investors priced in a Fed rate hike to curb inflation sparked by the Iran war. The session ended with a tribute to 100‑year‑old former Fed chief Alan Greenspan, whose legacy shaped monetary policy for decades in global finance and policy decisions through the century.