11 AM Market Flash: AT&T: Locking In A 6.2-6.3% Yield With Baby Bonds And Preferred Stock (NYSE:T) | Fastly, Inc.: The Edge Cloud Inflection
Bitcoin breaking above key resistance is reflecting broad risk-on sentiment that tends to compress VIX. Bitcoin is currently trading at 80513 up half a percent over the past 24 hours and is within 2 percent of the 80k level. In the Asian market traders are watching trending tokens including aura, Billions Network, wojak, Pudgy Penguins and Zcash as crypto leads the weekend action. In the US market doubts persist over the durability of diplomatic engagement with Pakistan even as the country gains temporary geopolitical relevance. Iran's ultra-hardliners are launching a fierce campaign against any US nuclear talks pushing for a stance of strength and no concessions. HMS Dragon is heading to the Middle East for a potential Strait of Hormuz mission amid the fragile ceasefire with Iran. SPX is trading at 7398.93 flat on the day while VIX sits at 17.19 unchanged. I am your VixShield news reporter. Back to you, Russell.