It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops.  Trump urged Iran “to get serious” before it was too late but Tehran ...

(Bloomberg) -- Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research that could allow more efficient use of the storage needed for artificial intelligence development. SK Hynix Inc. and Samsung Electronics Co., South Korean leaders in the market, fell more than 6% and about 5% in Seoul. In the US, Micron Technology Inc., Western Digital Corp. and Sandisk Corp. slid more than 2% in pre-market trading, after they all closed lower on Wednesday. Memory chip co ...