The Day Ahead

• TOP NEWS

  • US airlines see strong travel demand and higher revenue despite increased fuel costs from the Iran war.
  • Victory Capital sweetens its $8.6 billion bid for Janus Henderson with more cash to disrupt a rival take-private deal.
  • OpenAI will sell AI access to US defense and government agencies through Amazon's cloud unit.
  • Boeing's commercial airplane division expects profit in 2027, later than expected, due to higher costs from acquiring Spirit AeroSystems.
  • Amazon CEO sees AI potentially doubling prior AWS sales projections to $600 billion by 2036.

• MARKET RECAP AT 4 pm ET

  • Stocks and Treasuries rose as the Fed meeting began, amid worries over oil prices and the Middle East conflict.
  • The dollar fell ahead of central bank interest rate decisions.
  • Gold prices held steady.