U.S. stocks close: Three major stock indexes open high and close low, Tesla falls more than 6%

New York Governor John Newsom has just filed an emergency motion to stop Trump from illegally deploying Marines and National Guard troops in Los Angeles.

The White House: Reports that U.S. Treasury Secretary Vincent is seen as a candidate for the next Federal Reserve Chair are untrue. Earlier, sources said that Powell's term as Fed chairperson is about to expire in 2026. US Treasury Secretary Vincent Bescent is seen as one of the candidates for the next Fed chairperson. The formal interview process for the next Fed chair has not yet started.

Musk's xAI has announced a partnership with prediction marketplace Polymarket to combine market forecasting with X data and GROK analytics. Previously reported, on June 6, social platform X announced that it would partner with Polymarket to become its official prediction market partner.

On the 10th local time, the US Northern Command said that 700 Marines have arrived in the Los Angeles area. The US Northern Command issued a statement on the 9th saying that about 700 Marines have been mobilized and will "seamlessly integrate" with the National Guard already deployed in the Los Angeles area of California to protect federal agencies and personnel in the Los Angeles area. CNN reported that sending an entire battalion of Marines to Los Angeles marked the Trump administration's show...

According to crypto journalist Eleanor Terrett, the CLARITY bill has been successfully passed by the US House Agriculture Committee with 47 votes in favor and 6 votes against, after nearly three hours of item-by-item consideration. At present, the bill has entered the stage of the House Financial Services Committee, and follow-up deliberations are underway.

Hunter Horsley, chief executive of Bitwise, wrote: "I don't think anyone will sell Bitcoin once it breaks through $13 to $150,000. Bitcoin is currently at $100,000 and early investors who bought at very low prices are partially selling. Once Bitcoin breaks through new levels, this will gradually decrease. From then on when people need liquidity, they will need to borrow more and more from holders. All this will further drive prices up and there will simply not be enough Bitcoin to circulate."

The U.S. Digital Asset Market Definition Act, the CLARITY Act, is under consideration by the U.S. House Committee on Financial Services and the Committee on Agriculture#2 "Prohibiting President Trump and his family from profiting from trading or promoting cryptoassets" was rejected. Chairperson Thompson said this is not the place to discuss presidential ethics. The remaining considered amendments include: amendment#1 "Full reauthorization of the CFTC (US Commodity Futures Trading Commission) " w...

EIA Short-Term Energy Outlook: Natural gas prices are expected to be $5.07/barrel in 2026, compared to previous expectations of $4.98/barrel.

EIA Short-Term Energy Outlook: Natural gas prices are expected to be $4.17/barrel in 2025, compared to previous expectations of $4.28/barrel.

EIA short-term energy outlook report: WTI crude oil is expected to average $62.33/barrel and $55.58/barrel this year and next, respectively, after $61.81/barrel and $55.24/barrel. Brent crude oil is expected to average $65.97/barrel and $59.24/barrel this year and next, respectively, after $65.85/barrel and $59.24/barrel.

Indian government sources said that Indian and US negotiators have made progress, with talks focusing on market access, tariff reductions and non-tariff barriers for industrial and some agricultural products. India and the US are expected to reach an interim trade deal by the end of this month. The sources said the two sides discussed ways to improve maritime trade.

Indian and US negotiators have made progress with talks focusing on market access, tariff cuts and non-tariff barriers for industry and some agricultural products, Indian government sources said on June 10. India and the US are expected to reach an interim trade deal by the end of this month. The two sides discussed increasing bilateral digital trade through improved customs and trade facilitation measures, the sources said, adding that "negotiations will continue" for an early conclusion of the...