5 PM After-Hours Flash: Cactus names Tana Utley to board, names Steven Bender CEO of Spoolable Technologies unit (WHD:NYSE) | Saudi Arabia cover

Bitcoin is trading at 80809 dollars down 1.4 percent over the past 24 hours and remains within 2 percent of the 80K level as risk sentiment stays cautious overnight. In the Asian market Kuwait has accused Iran of launching a failed attack on an island where China is helping build a port with ceasefire talks stalled. President Trump and Defense Secretary Hegseth are claiming control over Iran and the Strait of Hormuz just before the president departs for Beijing. Multiple outlets are reporting that Saudi Arabia covertly launched tit for tat strikes on Iran during the recent Middle East war in retaliation for attacks on the kingdom with the UAE also said to have coordinated at least one strike alongside Israel. In the US market Cactus has named former Caterpillar executive Tana Utley to its board and appointed Steven Bender as CEO of its Spoolable Technologies unit. Malaysian financier Jho Low has requested a presidential pardon from President Trump to dismiss US criminal charges though the White House is not currently considering it. SPX closed at 7400.96 while the VIX sits at 17.99 up one tenth of a percent. These Middle East developments add to the geopolitical risk premium traders will weigh ahead of tomorrow's US open. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.