Also in today’s newsletter, Uniqlo basks in consumers buying ‘summer all year’ clothes, and the Bank of Korea’s interest rate dilemma ...

US stocks end up with the S&P 500 and Nasdaq at records. MP Materials soars on government's big stake. Delta lifts airlines. Bitcoin hits record too.

U.S. Secretary of State Marco Rubio says the U.S. and Russia have exchanged new ideas for Ukraine peace talks after he met with his Russian counterpart in Malaysia Thursday.