European Leaders Set to Press Iran over Curtailing Nuclear Activity
03:10 Share

The Hoover Dam wasn't built in a day. And the GMC Sierra lineup wasn't built overnight. Like every American achievement, building the Sierra 1500 heavy duty and EV was the result of dedication. A dedication to mastering the art of engineering. That's what this country has done for 250 years.

and what GMC has done for over 100. We are professional grade. Visit GMC.com to learn more. Assembled in Flint and Hamtramck, Michigan and Fort Wayne, Indiana of U.S. and globally sourced parts. Here is your morning brief for Friday, June 20th. I'm Kate Bullivant for The Wall Street Journal.

Fighting between Israel and Iran has entered its second week. The two sides are continuing to trade attacks, but attention is increasingly focused on whether the US will enter the conflict with direct strikes on Iran. Yesterday afternoon, White House Press Secretary Caroline Leavitt read a statement from President Trump, saying he would make a decision on potential strikes on Iran within two weeks.

The journal reported yesterday that Trump has approved attack plans for Iran, but is holding off on giving a final order to see if Tehran would abandon its nuclear programme. Iranian officials are due to meet with European foreign ministers in Switzerland today, who are set to press Iran to engage swiftly in dialogue and offer a major rollback of their nuclear activities.

TikTok is getting another 90-day reprieve. President Trump has extended the deadline for the Chinese-owned app to be sold or shut down, deferring enforcement of a 2024 law passed under President Biden. The law was upheld by the Supreme Court in January over national security concerns tied to TikTok's parent company ByteDance.

The Trump administration says they'll work over the next three months to close a deal, ensuring American user data on TikTok is safe and secure.

And with jittery investors propping up gold prices recently, don't overlook silver. Prices for the precious metal have surged nearly as much as gold this year, up 27% to the highest levels in more than a decade. The rally is spurring a rise in silver sellers who are flocking to coin shops, metal dealers and jewellers to cash in on the demand.

Surging silver prices are getting an extra jolt from strong industrial demand, with about 80% coming from manufacturing, especially among solar panel makers. Stock markets in Asia ended the day mixed, while European markets are up in midday trading, and US stock futures are down ahead of earnings from Kroger and Accenture due out this morning.

And we have a lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.