Fed's Williams said inflation faces significant challenges. Demand for artificial intelligence is strong.

Glencore said on Wednesday it has received a $500m commitment from the U.S. Export-Import Bank to establish a strategic critical-minerals reserve to bolster U.S. supply-chain resilience. The company said VaultCo — a public-private partnership with U.S. government agencies — will allow Glencore to source, procure and deliver critical minerals to the U.S., reducing the risk of future supply disruptions.

Syrian president says Israel must withdraw from Syrian territory.