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"The risks remain tilted toward higher inflation," Federal Reserve Governor Lisa Cook says during an event at Stanford University. (Source: Bloomberg)
Source
Bloomberg Markets
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Shares of Zscaler were headed for a record one-day decline of more than 31% after the cybersecurity company shocked investors with a downbeat revenue outlook.
Equities had been prone to larger upswings when President Trump previously talked positively about the two sides getting closer to ending the Iran war
Synopsys Inc. said it has reached an agreement with Elliott Investment Management and is appointing the activist investor’s Jesse Cohn to the chip-design software maker’s board.
Asian stocks were set to edge lower, while oil gained as investors weighed conflicting signals over prospects for a deal to end the war in Iran and restore energy flows through the crucial Strait of Hormuz.
