US airlines’ monthly fuel spending topped $6B again in May, up 84% from year ago
Government data released Tuesday shows that U.S. airlines spent $6.66 billion on jet fuel in May
Oil prices jump more than 3% after US strikes on Iran, while shares in Asia are mixed
Asian shares are mixed and oil prices have surged more than 3% after the U.S. launched strikes on Iran.
Traders on Kalshi think the Nasdaq-100 will end 2026 above 30,000, predicting a cooler second half of the year
Speculators think the massive rally in the Nasdaq-100 since the lows following the U.S.-Iran war will be more subdued in the second half of 2026.