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Nasdaq said SpaceX will enter the Nasdaq-100 on July 7, a move expected to trigger fresh passive-fund demand even as some market participants warn the stock’s valuation and recent volatility pose risks.
Some fixed-income managers say bond opportunities may be stronger outside the United States as central banks in Europe and other developed markets continue adjusting policy to inflation.
The federal inquiry comes shortly after reports that the prediction market platform used staged influencer content that appeared to show large profits on simulated trades.
Fresh U.S. inflation data showed faster annual price growth in May as Federal Reserve officials said underlying inflation remains too high despite some signs of possible easing in energy-driven pressures.
The Federal Reserve's annual check of large U.S. banks will still gauge resilience under a severe downturn this year, but regulators have paused any immediate effect on capital requirements while revising the process.
The state has filed civil complaints against the prediction market platforms and a separate suit against sweepstakes operator VGW as a broader fight over gambling regulation intensifies.
Greenspan, who led the Federal Reserve from 1987 to 2006, was praised for a long era of growth and low inflation but later faced lasting criticism over policies linked to the 2008 financial crisis.
Prediction markets favor Meta CEO following Musk's rise.
Task Forces Established to Rethink Federal Reserve Operations
Closure linked to Israeli military actions in Lebanon
