Good morning, you're tuned in to Markets Desk.
The Iran conflict is back at the forefront of geopolitical risk. It has now been ten days since President Trump declared the ceasefire with Iran over, and with hostilities resuming, markets are watching the situation closely for any spillover into energy supply chains, crude pricing, and broader risk appetite across global equities.
Turning to the earnings calendar, General Motors steps into the spotlight before the opening bell today. Wall Street is penciling in adjusted earnings per share of three dollars and twenty cents against revenue of forty-seven point zero one billion dollars. Investors will be listening closely for any commentary on tariff exposure and North American production costs, which have been persistent headwinds for the automaker this cycle.
On the corporate governance front, Boliden, the Swedish mining and metals company, posted higher net income in the second quarter of twenty twenty-six compared with the prior year period and held firm on its full-year twenty twenty-six guidance. That kind of earnings resilience in base metals is worth watching given ongoing uncertainty around industrial demand signals out of China and Europe.
That's the tape. Markets Desk, signing off the floor.
