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President Donald Trump backed the Commodity Futures Trading Commission as the sole regulator of prediction markets, siding with the agency amid a growing legal fight with states over the multibillion-dollar industry.
Source
Bloomberg Markets
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FTSE Russell adopted a rule change that will speed the addition of newly listed large-cap companies to its main indexes, weeks ahead of SpaceX’s expected record-breaking initial public offering.
With SpaceX headed for the public markets next month, industry experts and people close to Elon Musk are speculating about a potential tie-up with Tesla.
Shares of MSG Sports have climbed 39% this year and are up 88% over the last 12 months. And that was before the Knicks made it to the NBA Finals.
Oil was little changed in early Asian trading, as the US touted progress toward a peace deal with Iran despite fresh hostilities and uncertainty over the vital Strait of Hormuz.
