CNBC Daily Open: Trump's deal seems to be in dire straits

U.S. Treasury Secretary Scott Bessent speaks to reporters as U.S. President Donald Trump stands next to him aboard Air Force One en route to Tokyo, Japan, for the second stop on his Asia tour, Oct. 27, 2025. Evelyn Hockstein | ReutersHello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.U.S. President Donald Trump had said a deal with Tehran could come by Thursday stateside. There are a few more hours left, but given the rhetoric from Iran, that timeline will likely pass without an agreement.From geopolitical worries to markets: SpaceX rose after the first tranche of its locked-up shares expired Thursday, increasing the volumes available for trading. SoftBank shares fell even as it reported a profit beat on the back of gains from its Intel stake and a higher valuation for ByteDance.What you need to know todayIt 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.Iran reportedly revealed its plan for ships transiting the Strait of Hormuz, with U.S. and Israeli vessels barred from using the waterway.The restrictions will extend to "cou...