economy
CNBC Daily Open: Trump's deal seems to be in dire straits
It is starting to look like the Iran deal with the U.S. is unlikely to be sealed soon, even as the Trump administration had signaled an agreement by Thursday.
TL;DR
- Iran's proposed shipping restrictions for the Strait of Hormuz were rejected by the U.S.
- Oil prices, including Brent futures and U.S. West Texas Intermediate, increased significantly.
- Copper reached a record high of around $6.90 per pound due to supply constraints and rising demand.
- SpaceX's first tranche of locked-up shares became available for trading, with the stock rising.
- South Korean parents are opening a surge of investment accounts for children under one year old.