Elon Musk said a merger of Tesla and SpaceX would be a good idea and confirmed that special committees have been formed. Reuters reports Starlink operator shares rose 8% in extended trading.
Dow Jones wrap: US stocks mostly rose as the Nasdaq rebounded and AI debt worries eased, while Treasury yields and the dollar climbed on Fed rate expectations.
Market Talk reports the 10-year Treasury yield at 5.127%, while Brent slips 2% to $107.69 after the U.S. president waived new sanctions against Russia.
India's state miner NMDC has paused its nickel expansion over oversupply risks, mainly in Indonesia, two officials told Reuters, citing a global surplus forecast.
Ontex said a Russian presidential decree put its Russian unit under interim administration, and a state-appointed administrator took operational control.