Finance

Shares of domestic solar manufacturing corporations climbed rapidly during Friday trading sessions. This upward momentum followed an executive order invoking Section 232 of the U.S. Trade Expansion Act to place a 15% tariff on polysilicon imports. The administrative decision aims to isolate and protect local energy supply chains from overseas competition.

Bitcoin climbed back above the $65,000 threshold, mimicking positive movements in traditional risk assets after the weaker-than-expected labor update. The broader cryptocurrency market cap edged up past $2.20 trillion, supported by strong institutional whale accumulation. Meanwhile, market infrastructure expanded as crypto market maker Wintermute secured SEC and FINRA approval to operate as a traditional broker-dealer.

Brent crude prices oscillated near $83 per barrel following an attack by Yemen-based Houthi forces on Saudi Arabian targets. Energy markets remain sensitive to supply concerns as the regional conflict continues into its fifth month. However, potential price caps loom as parallel diplomatic efforts between Iran and Oman progress toward an agreement to reopen the strategic Strait of Hormuz.