Today: 2 July 2026

ASX futures slip as Wall Street tech slide deepens and bitcoin cracks $66,000

ASX futures slip as Wall Street tech slide deepens and bitcoin cracks $66,000

Australian share futures dipped on Friday following renewed selling in U.S. tech stocks and a sharp drop in bitcoin overnight. S&P/ASX 200 futures hovered near 8,780, down roughly 1%—a figure that often hints at the cash market’s opening level. The pullback is shaping up as more than a single-day glitch in tech—it’s a broader, chaotic rethink of risk across software and crypto sectors. “It’s been a tough week for investors who were heavily exposed to the parts of the market that led the upside,” said Mona Mahajan at Edward Jones.
Cartels go crypto: DOJ targets money brokers moving drug cash to Mexico

Cartels go crypto: DOJ targets money brokers moving drug cash to Mexico

The U.S. Justice Department is intensifying its crackdown on Mexican cartels by going after money brokers accused of funneling drug profits through cryptocurrency, officials said. This comes after four defendants extradited from Mexico were charged in federal court in Kentucky. The push matters now because authorities report cartels are shifting tactics as law enforcement clamps down on more obvious drug corridors. Cryptocurrency, a digital token traded online, is reportedly being used more often to transfer profits from U.S. cities straight to cartel bosses in Mexico, prosecutors say.
5 February 2026
Gold price slides as dollar firms and silver slumps 14% in forced selloff

Gold price slides as dollar firms and silver slumps 14% in forced selloff

New York, Feb 5, 2026, 13:32 — Regular session underway. Gold slipped on Thursday as investors sought liquidity amid a broad market selloff, dragging the metal down despite its safe-haven reputation. Spot gold, the benchmark price for immediate delivery, dropped 2.3% to $4,850.89 an ounce by 11:29 a.m. ET. April U.S. gold futures dipped 1.5% to $4,873.90. “Some people are facing margin issues and may be covering metal positions because of losses in equities. Fundamentally, nothing has changed,” said Bob Haberkorn, senior market strategist at RJO Futures.
5 February 2026
Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

Dow Jones today: Index slides about 1% as Alphabet capex plan stirs fresh AI jitters

New York, Feb 5, 2026, 13:43 EST — Regular session The Dow Jones Industrial Average dropped roughly 1% Thursday, dragged down by fresh selling in mega-cap tech stocks hitting the blue-chip gauge. The Dow slid 502.57 points, or 1.02%, settling at 48,998.73. The S&P 500 and Nasdaq also closed lower.
Dale Vince-backed Ecojet collapses: Scotland’s zero-emission airline enters liquidation

Dale Vince-backed Ecojet collapses: Scotland’s zero-emission airline enters liquidation

Ecojet Airlines Ltd, a Scotland-based start-up backed by green energy entrepreneur Dale Vince, is being wound up after a court appointed a provisional liquidator, a Companies House filing showed. A provisional liquidator is an insolvency specialist who takes control while the court process runs. The failure lands at a tricky moment for small aviation projects trying to cut emissions on short routes by swapping out jet fuel. Ecojet struggled to raise funds, including £10 million required by the UK’s Civil Aviation Authority, Daily Business reported. Vince said he had paused his investment, adding “aviation is the last frontier and the hardest” and that cleaner flying was “a matter of when, not if”.
5 February 2026

Stock Market Today

  • Wabash National (WNC) Yield Jumps to 21.1% with Covered Call Play
    July 2, 2026, 12:37 PM EDT. Wabash National Corp (WNC) holders looking for income can move past the 2.4% dividend yield by selling January 2027 covered calls at the $17.50 strike. The trade fetches a $1.35 premium, pushing annualized income up by 18.7% for a combined 21.1% yield, as long as WNC stays under $17.50. If shares end up above the strike, the covered call could total a 41% return with dividends counted. WNC's trailing 12-month volatility is 56%, worth noting for risk. Stock last traded near $13.37, so the call strike is a 30.9% jump. Options flow today shows traders leaning toward calls, pointing to bullish sentiment in equity options.
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