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EXPLAINED: 5 | Vintage Vibes

US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears

Wall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. The Nasdaq plunged over 4%, ending a nine-week rally, while persistent Middle East tensions and rising yields further pressured investor sentiment.

The Economic Times

Investors take profits, watch Mideast warily

RECAP: Asian share markets retreated yesterday as investors took profits on technology stocks and turned defensive ahead of the weekend, wary of a flare-up in Middle East hostilities with US-Iran peace talks in limbo.

Bangkok Post

WTO sees signs of slowdown in global goods trade growth amid Middle East conflict

Despite geopolitical tensions in the Middle East impacting the market, global merchandise trade showcases a surprising resilience, powered by increasing demand for AI-driven electronic components. The World Trade Organization's barometer does point to a looming slowdown in trade growth, but volumes continue to exceed expected trends.

The Economic Times

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UN warns of global hunger crisis as Mideast war drags on

GENEVA - “Pessimistic” predictions that the Middle East war could push tens of millions more people into acute hunger if drawn out are being proven right, the United Nations said on Friday.

Bangkok Post

Predicted global hunger crisis becoming a reality as Mideast war drags on, UN warns

Predictions that the Middle East war could drive tens of millions more people into acute hunger are proving to be accurate, the United Nations said Friday, warning that higher fuel and food costs linked to the conflict are deepening food insecurity far beyond the region.

France 24

Airbus delays XLR deliveries to IndiGo as war hits suppliers

Deliveries of the A321XLR jets from Airbus are lagging, and IndiGo, a prominent airline in India, is bracing for holdups affecting several of the nine planes it has ordered for this year. The ongoing Middle East conflict is causing supply chain issues that exacerbate the delays.

The Economic Times

'I was in office that was attacked': Iran top diplomat Araghchi recalls Khamenei's 'martyrdom'

Iranian foreign minister Abbas Araghchi on Friday claimed he was inside the office of then-Supreme Leader Ali Khamenei when it was attacked during the first wave of US-Israeli strikes in Tehran on February 28 that triggered the Middle East conflict.

The Times of India

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How the war in Iran could impact £3bn of UK pensions

INVESTIGATION: New analysis from the Bureau of Investigative Journalism and The Independent finds that billions of pounds of UK pensions have been left exposed to the ongoing conflict in the Middle East. Josephine Moulds and Nick Ferris report

The Independent UK

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Analysts insights, market outlook and what should investors do now

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold and silver prices declined on Friday and were headed for weekly losses. Concerns over higher U.S. interest rates, uncertainty in the Middle East, and caution ahead of U.S. jobs data affected…

The Economic Times

US job creation smashes forecasts in May, fuelling rate hike bets; ‘no jet fuel shortage in Europe’ – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Friday briefing: How Gaza, Lebanon and Iran have found themselves caught in an escalation without end

In today’s newsletter: Global powers are focused on oil markets and elections but those living through conflict in the Middle East feel abandoned

The Guardian - UK

US job growth likely slowed in May, labor market seen stable despite oil shock

America's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middle East conflict has not yet significantly impacted jobs. Fiscal stimulus is supporting businesses. Businesses are cautious about hiring due to uncertainty. Layoffs are low, maintaining a balanced job…

The Economic Times

Oil little changed on uncertainty over US-Iran peace deal

Oil prices saw little change on Friday after a significant drop. Hopes for an early end to the U.S.-Israeli conflict with Iran have faded. This follows the Hezbollah militia rejecting a new ceasefire in Lebanon. Fighting in the Middle East has caused oil prices to rise this week. Global oil…

The Economic Times

Pakistan 'problematic player', 'unreliable' mediator: Israeli envoy

Israeli Ambassador Reuven Azar expressed doubts about Pakistan's mediation capabilities, calling it a "problematic player" and warning India that Middle East conflicts are a "preview" of radical tactics potentially impacting its neighborhood. He highlighted alleged visits by Hamas leaders to Pakistan and Bangladesh, suggesting a growing connection between radical elements…

The Economic Times

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MarketBeat

PVH Q1 Earnings Call Highlights

PVH (NYSE:PVH) said it met or exceeded its key first-quarter financial targets, helped by growth in direct-to-consumer sales and e-commerce, but lowered its full-year revenue outlook because of what executives described as the prolonged effects of the Middle East conflict on its EMEA business. Chie

The Guardian - UK

Iran and the US both think they are winning the war. The truth is they are both losing

The current ceasefire has held just enough to prevent a return to all-out war, but neither side is close to achieving peace, says Sanam Vakil, director of the Middle East and North Africa programme at Chatham House

AAP

NYSE Content Update: Sunshine Silver Mining Raises $270 Million in IPO

NEW YORK, June 4, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Ashley Mastronardi delivers the pre-market update on June 4thThe S&P 500 looks to begin a…

Bangkok Post

Iranian leader says enemies dealt a ‘decisive blow’

TEHRAN - Iran’s supreme leader said on Thursday that the United States and Israel had been dealt a “decisive blow” in the Middle East war, after the government reported “no tangible progress” in negotiations on ending the conflict.

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Barchart

Nasdaq Futures Plunge as Broadcom Sinks on Disappointing AI Chip Sales Forecast

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.12% this morning as a disappointing forecast from Broadcom led investors to hit pause on the AI trade.

The Independent UK

British Airways extends Dubai flight suspension until autumn

The UK flag carrier airline suspended most of its flights to the Middle East shortly after the war broke out

The Guardian - AU

Israel to continue ground operation in southern Lebanon despite agreed ceasefire – as it happened

The country’s defence minister said the IDF will not withdraw from southern Lebanon and will not allow the ‘return of the population’

Bangkok Post

Siam Gas anticipates over 10% sales growth

Siam Gas and Petrochemicals Plc (SGP), Thailand's second-largest liquefied petroleum gas (LPG) trader by volume, expects sales to grow by at least 10.5% year-on-year to 3.5 million tonnes in 2026 despite sharp increases in global LPG prices triggered by Middle East tensions.

The Economic Times

Iran FM says 'no tangible progress' in talks but Trump says deal close

Middle East war negotiations face setbacks as Iran reports no tangible progress. Renewed US and Iranian strikes have strained a fragile ceasefire. Kuwait International Airport experienced an Iranian drone attack. US President Donald Trump expresses optimism for a weekend resolution. Meanwhile, the US House of Representatives passed a resolution directing…

The Guardian - AU

Japan sees shortage of plastic bags, trays and gloves, as Iran war-induced naphtha shortage worsens

The Middle East is Japan’s main source of crude oil, from which naphtha is extracted and used to make items including printing ink and plastics

France 24

Iran says no 'tangible progress' in war talks, Trump says deal close

Iran's foreign minister said on Wednesday that negotiations to end the Middle East war had made "no tangible progress" after fresh US and Iranian strikes tested a fragile ceasefire. Kuwaiti officials said an Iranian drone strike on Kuwait International Airport killed one person and wounded 63, while President Donald Trump…

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Ayatollah Mojtaba Khamenei

Apostolos Tzitzikostas

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JeanMartin Bauer

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