Zoom director Subotovsky sold $190,995 in shares

Oil prices dipped slightly as traders weighed two big factors: new US tariffs on Chinese imports (which could slow demand) and OPEC+'s decision to pump more crude (adding supply to the market). It's a classic tug-of-war between economic concerns and production shifts—investors are still figuring out which force will win out.

Stock futures for the S&P 500 and Nasdaq ticked higher after President Trump extended a pause on tariffs, giving markets a bit of relief. Letters were sent to 14 countries outlining potential future rates, signaling that more updates—and possibly volatility—could be coming soon.

The UK's pension triple lock—a policy that guarantees state pensions rise by the highest of inflation, wage growth, or 2.5%—is set to cost the government three times more than previously expected. The official budget watchdog has raised alarms, saying these soaring costs are straining public finances and leaving them in a "relatively vulnerable position," especially after recent policy reversals.

Boeing had a solid June, delivering 60 jets worldwide—including eight to Chinese airlines—as it gets back on track after recent production and safety hiccups. While still below pre-pandemic levels, the numbers show progress, especially with China reopening its doors to Boeing deliveries after a years-long freeze over trade and regulatory tensions.

The Japanese yen took a hit after former U.S. President Donald Trump announced hefty 25% tariffs on Japanese imports. The move rattled currency markets, as traders worried about the potential impact on Japan’s export-heavy economy. A weaker yen could make Japanese goods cheaper abroad, but it also raises costs for imports like energy—adding pressure to an already fragile economic recovery.