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20:52
On Tuesday, April 7, most major asset ETFs in the US stock market closed higher. The VIX long ETF rose by 3.36%, the gold ETF increased by 0.97%, Barclay’s US Convertible Bond ETF rose by 0.67%, while the long euro, emerging markets ETF, Russell 2000 ETF, US real estate ETF, S&P 500 ETF, long yen, and Nasdaq 100 ETF all gained up to 0.42%.
The U.S. 20+ Year Treasury Bond ETF closed down 0.01%, Dow Jones ETF fell 0.19%, long USD Index ETF fell 0.29%, soybean fund declined 0.59%, agricultural products fund dropped 0.99%, and U.S. Brent Oil Price Fund fell 2.10%.
20:46
WTI crude oil fell by $0.69 per barrel within 5 minutes, now priced at $110.81 per barrel.
Iran's largest aluminum producer, Iran Aluminum Company (IRALCO), was hit by an airstrike. According to Iranian media outlet Mehr, Iran reported that its Amirkabir Petrochemical facility in Mahshahr was attacked.
20:43
MGP Ingredients recently disclosed in documents filed with the U.S. Securities and Exchange Commission that it will temporarily shut down two distilleries located in Kentucky.
This operational adjustment aims to optimize the existing capacity allocation, but the company emphasizes that it will not affect its long-term strategic goals for fiscal year 2026. According to the announcement, this temporary production suspension plan will be implemented with flexible adjustments based on market demand dynamics. The company's management explicitly reiterated in the document their full confidence in achieving the performance targets set for fiscal year 2026, stating that this capacity adjustment falls within the scope of normal business decisions.
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