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On June 4, WTI crude oil futures fell below $92 per barrel, dropping 4.23% during the day. Brent crude oil futures also declined by 3.88%, settling at $94.011 per barrel. In related news, Trump stated that the U.S. is in final negotiations to end the war in Iran.
On June 4, spot gold reached $4,500 per ounce, an increase of 1.49% for the day. Spot silver rose over 2% during the day, currently priced at $74.17 per ounce.
On June 4, international oil prices experienced a sharp decline, with WTI crude oil futures falling by 2.25% to $93.858 per barrel, and Brent crude oil futures dropping by 2.31% to $95.551 per barrel. In related news, Trump stated that the U.S. is in final negotiations to end the war in Iran.
SpaceX has initiated its initial public offering (IPO) roadshow, planning to offer 555,555,555 shares of Class A common stock to the public. Retail investors will be able to participate at the same price as large institutions, with an expected price of $135 per share. The underwriters are set to receive a 30-day option to purchase up to an additional 83,333,333 shares of Class A common stock. The IPO roadshow for the 555,555,555 shares of Class A common stock has commenced. An application has been filed to list the Class A common stock on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol 'SPCX'. Goldman Sachs, Morgan Stanley, Bank of America Securities, Citigroup, JPMorgan, Barclays, and other firms will serve as book-running managers for this offering. (Jin Shi)
According to monitoring by OnchainLens, BlackRock has deposited 5,212 BTC (approximately $325 million) and 20,000 ETH (approximately $35.13 million) into Coinbase.
On June 4, Micron Technology's pre-market decline widened to 7.4%, trading at $999.5, with a total market capitalization shrinking by approximately $90 billion.
Nasdaq 100 futures have expanded their decline to 1.3%, reaching an intraday low, while S&P 500 futures fell by 0.4% and Dow Jones futures rose by 0.4%.
On June 4, according to a report from Yicai, it has been learned from industry sources that the exchange recently issued the 'Guidelines for Trading Gateway Management (Trial)', which will take effect on August 31 of this year, and sent a notification regarding the strengthening of management for participants' trading business units. The Shanghai Stock Exchange (SSE) released a notification clarifying that members should conduct self-inspections regarding the usage of participants' trading business units. If any non-compliance with relevant regulations is found, rectification must be completed within three months from the date of the notification's release (May 29). The notification states that members should ensure fair allocation within trading units, treat investors equitably, protect the legitimate rights and interests of investors, especially small and medium-sized investors, and are strictly prohibited from providing special conveniences to individual investors. Additionally, before applying for new ordinary brokerage and margin trading dedicated trading units, members must ensure that the number of applied trading units matches their own brokerage business scale and that they are making full use of the applied trading units. The SSE also mentioned that members should ensure that the rectification work is carried out smoothly and orderly.
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