Finance

U.S. Treasury yields experienced a notable decline from their highest levels in nearly two decades as bond market volatility cooled. The 10-year yield fell to approximately 4.57%, offering relief to risk assets that had been rattled by fears of persistent inflation and potential interest rate hikes later in 2026.

Crude oil futures saw a dramatic selloff, with West Texas Intermediate falling over 5% to settle below $100 per barrel. This sharp correction followed reports that the U.S. administration is in the final stages of negotiations with Iran, alleviating immediate concerns over supply disruptions in the Strait of Hormuz.

Nvidia exceeded market expectations with a massive surge in data center revenue, yet its shares experienced volatile after-hours trading. While the chipmaker's performance continues to anchor the broader artificial intelligence trade, investors appear to be weighing the company's strong guidance against intensifying competition and high valuation benchmarks.