U.S. stocks retreated Friday as geopolitical tensions erupted following Israel's surprise airstrike on Iranian nuclear sites, sparking a sharp rally in oil and gold.
Israeli National Security Adviser Tzachi Hanegbi said Friday that while the strikes can’t eliminate Iran’s nuclear program completely, they could create an opening for broader diplomacy.
U.K.’s Prime Minister Kier Starmer said the country was not involved in Israel's military action but declined to say whether Britain would help defend Israel if Iran retaliates.
Pearson PLC (NYSE: PSO) to acquire eDynamic Learning, a leading provider of Career and Technical Education solutions, to expand career-readiness offerings and meet demand for skills-based learning.
CSPC will receive an upfront payment of $110 million as part of the agreement, and is eligible to receive up to $1.62 billion in potential development milestone payments and up to $3.6 billion in sales milestone payments.
The comments followed Israeli air strikes on 100 sites across Iran, including nuclear infrastructure and military command centers, in what appears to be the start of a broader campaign.
The University of Michigan’s preliminary U.S. consumer sentiment index for June is due at 10 a.m. ET. On average, economists expect the index to rise to 54 from 52.2 in May.
