Finance

Domestic solar companies saw their stock prices move higher after the executive branch implemented fresh 15% duties on imported products containing Chinese polysilicon. The trade measures, introducing a new front to protect domestic supply chains, helped lift First Solar shares by 6%. Broader green energy exchange-traded funds also recorded positive sessions on the news.

Shares of Space Exploration Technologies surged nearly 16% on heavy trading volume that finished roughly 91% above its three-month average. The momentum kicked in immediately following the expiration of the first phase of share lockup restrictions stemming from its June public debut. Optimism surrounding joint initiatives with Tesla further boosted the tech company's performance.

The prices of major cryptocurrencies like Bitcoin and Ethereum edged higher to finish near $65,000 and $1,930, respectively, responding to the latest soft employment metrics. However, digital asset legislative efforts hit a roadblock as the U.S. Senate delayed the highly anticipated digital asset regulatory overhaul bill until after the August recess. This delay leaves crypto lobbying and advocacy groups without clear spending directions heading into the upcoming midterm election cycle.