Fitch Ratings says North American corporate credit risks grow from war spillovers, tariffs, and AI.

Japan plans $19B extra budget as costs rise amid Iran war

Japan plans a $19 billion supplementary budget to cover rising costs associated with the war in Iran.

Underdog stocks drive S&P 500 profit growth to fastest pace in nearly 5 years, MarketWatch reports

S&P 500 companies are reporting the fastest profit growth in nearly five years, driven by a group of underdog stocks, according to MarketWatch.

Italy's FTSE MIB index closes at all-time high, surpassing 2000 peak, Bloomberg reports

Italy's benchmark stock index rose past its all-time closing high set in 2000, according to Bloomberg data.

Marco Rubio says US-Iran deal could be reached by Monday, sending oil prices sharply lower and Asian stocks higher. Brent crude falls 5.5% to $97.90.

Marco Rubio said a US-Iran agreement could be reached as early as Monday, triggering a sharp drop in oil prices and a rise in Asian stock markets. Brent crude fell 5.5% to $97.90 per barrel, while US oil fell 5.9% to $90.93.