Oil markets experienced sharp declines as traders speculated on a potential U.S.-Iran agreement to reopen the Strait of Hormuz, though officials have yet to confirm a deal and actual shipping traffic remains steady. Security remains in focus as authorities arrested a man observing operations at Donald Trump’s California golf course ahead of a presidential fundraising event. In electoral politics, Kansas state Senate president Ty Masterson secured the Republican nomination for governor and will face Democrat Cindy Holscher, while Michigan Democratic Senate candidate Abdul El-Sayed hosted election night proceedings. Technology markets showed mixed sentiment; while AI integration bolstered performance for Pinterest and companies like DELL and DDOG, investors are now assessing the next phase for firms like Palantir and the impact of upcoming SpaceX share lockup expirations.