The Trump administration reached an agreement with Volvo Car AB that will allow the automaker to avoid a US ban on connected vehicles tied to China.

Mexican billionaire Carlos Slim is planning to invest around $5 billion this year but will steer clear of new ventures with oil driller Petroleos Mexicanos, the 86-year-old chairman emeritus of Grupo Carso said Tuesday.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Fidelity Director of Global Macro Jurrien Timmer, EquiLend Managing Director Head of Data & Insights Nancy Allen, Barclay’s Managing Director Senior Retail Analyst Adrienne Yih, Davidson Kempner Managing Partner & CIO Tony Yoseloff, Deutsche Bank’s Chief US Equity & Global Strategist Binky Chadha, Valoir CEO Rebecca Wettemann, Janus Henderson’s John Lloyd, Cain CEO Jonathan Goldstein, & Stord Co-Founder CEO Sean Henry. (Source: Bloomberg)

Space and satellite-related stocks soared Tuesday as investor enthusiasm around the industry intensified.

Bloomberg's Vildana Hajric and Bloomberg Intelligence's James Seyffart join Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." The top US securities regulator is delaying the launch of a wave of novel exchange-traded funds that would let investors wager on events such as elections and economic data as the agency weighs how far the $15 trillion ETF wrapper can stretch. (Source: Bloomberg)

Gold held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns that inflation could keep interest rates higher for longer.

The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings.

Asian stocks were set to edge higher Wednesday in a sign traders were clinging to expectations the US and Iran will sign a peace deal even as military strikes in the Persian Gulf persisted.

Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, is seeking to raise $1.91 billion from an unregistered block sale of GlobalFoundries Inc. shares, according to people familiar with the matter.

President Donald Trump backed the Commodity Futures Trading Commission as the sole regulator of prediction markets, siding with the agency amid a growing legal fight with states over the multibillion-dollar industry.