U.S. House passed an affordable housing bill by an overwhelming majority; the measure has been sent to President Trump for signature.

A Wall Street tech sell-off prompted investors to trim gold positions to offset losses, extending spot gold’s decline and briefly pushing it below $4,100 per ounce in early Asian trading — the weakest close in two weeks. The tech rout, amid worries the AI-driven equity rally has overextended, is adding to existing pressure from persistent inflation risks and expectations of further Fed rate hikes.

Goldman Sachs expects US and European diesel margins to fall to $46/bbl and $31/bbl, respectively, by Q4 2026.