Alex Ossola

One big change was US crude oil exports, which rose by more than $6 billion as the Iran conflict rippled through global energy markets.

But overall, it's the latest indication that the Trump administration's tariffs have done little to rebalance the US trade position with the rest of the world.

Home sales last month posted the biggest increase this year.

They rose 3.2 percent in May from the month before, beating Wall Street's expectations.

Journal reporter Nicole Friedman says this is a sign of life for the housing market, but the trend might not last.

Coming up, what's weighing down tech stocks today?

That and more after the break.

The Nasdaq dropped 1% today, and an index that tracks chip stocks dropped almost 2%.

Analysts say there's a few reasons investors may be dumping AI stocks.

They could be taking profits from the big tech run-up we've had, there's ongoing worries about the Fed raising interest rates, and also investors may be rotating out of some of the major tech names ahead of the SpaceX IPO on Friday.

After all, there's only so much money to go around.

The S&P slipped 0.3% and the Dow added 0.2%.

Meanwhile, oil prices closed down about 3%.

We're exclusively reporting that some people making bets on prediction market calci will have to disclose their employers.

It's an effort to stop potential insider trading and market manipulation.

The changes come after two recent high-profile cases.

A U.S.

soldier who was charged with using classified information about the arrest of former Venezuelan President Nicolas Maduro to trade on PolyMarket.

And a Google employee charged with using insider information about Google's annual search trends report to make more than $1 million, also on PolyMarket.

Congress has also opened a probe into how both Kalshi and Polymarket manage insider trading risk.