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  • Asian Shares Slip After Wall Street Tech Rally Amid U.S.-Iran Deal Delays
    June 19, 2026, 1:28 AM EDT. Asian shares fell on Friday amid thin holiday trading, with Greater China markets closed for the Dragon Boat festival. U.S. futures dropped as hopes dimmed for a swift resolution to U.S.-Iran tensions after postponed talks on Iran's nuclear program and Strait of Hormuz oil flow. Tokyo's Nikkei 225 held steady despite the Bank of Japan's recent interest rate hike to 1%, the highest in three decades, aiming to tackle rising inflation. South Korea's Kospi and Australia's S&P/ASX 200 both declined over 0.5%. On Wall Street, major indexes rebounded with strong gains in technology stocks like Intel, Nvidia, and Micron, lifting the S&P 500 by 1.1%. Oil prices fluctuated but remained above pre-war levels, as the U.S. and Iran signed a deal to end hostilities and reopen shipping lanes.

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Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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