Welcome to Markets Desk, here's what's moving.
Centrus Energy is the name on traders' lips today, with shares surging twelve percent after the company secured a deal tied to Meta Platforms' data center power infrastructure. The move signals growing investor appetite for uranium and nuclear fuel plays as hyperscalers race to lock in reliable, high-capacity energy supply for artificial intelligence workloads.
Across the Pacific, South Korea's KOSPI is on a remarkable run, notching six consecutive sessions of gains totaling roughly sixteen percent and closing at a fresh record high just above nine thousand sixty points. The rally reflects renewed foreign inflows and easing trade tensions, though analysts are flagging overbought conditions as a near-term caution.
In commodity markets, corn futures slipped three and a half to nearly six cents across most contracts heading into the long holiday weekend, with the national cash price settling at three dollars eighty-six and a half cents. Thin pre-holiday volume amplified the weakness, and with both markets and government offices closed Friday, traders are positioning cautiously ahead of next week's reopening.
That's the tape. Markets Desk, signing off the floor.
