US stocks surged Monday on hopes that a tentative deal to end the US-Iran conflict will stabilize energy supply chains. The S&P 500 neared an all-time high, the Nasdaq jumped 3.1%, and the Dow closed at a record. Brent crude fell nearly 5%.
The Reserve Bank of Australia is widely forecast to keep interest rates on hold at 4.35% today. This decision comes as the economy shows signs of cooling, with moderating inflation and stagnating growth, further supported by a ceasefire agreement between the US and Iran easing geopolitical tensions and oil price concerns.
President Donald Trump announced a July 4 rally at the Lincoln Memorial, featuring fireworks, military bands, and flyovers, calling it the "most spectacular Trump rally." This event is part of his pattern of centering national celebrations around himself.
President Trump announced a major "rally" in Washington for July 4, calling it "the most spectacular TRUMP RALLY of them all." The event, named "Tribute to America," will be held at the Washington Monument and Lincoln Memorial.
A potential US-Iran deal is causing oil prices to fall, benefiting airline stocks. The agreement could release Iranian funds, reopen the Strait of Hormuz, and allow free oil sales, easing jet fuel costs. However, the full impact on airline profits will take time to materialize.
SpaceX shares rose sharply post-IPO, driven by Elon Musk's projection of $1 trillion annual revenue by 2030. The company raised $75 billion in its record IPO, with retail investors playing a key role. Crypto markets also saw increased activity in SpaceX-linked derivatives.
A 17-year-old Florida boy, Joziah Thompson, is in critical condition after contracting Vibrio vulnificus, a flesh-eating bacteria, while swimming in a park. His mother is fundraising for medical expenses and advocating for better public awareness of bacteria levels in local waters.
Global oil and gas markets have seen prices fall after a US-Iran peace deal was confirmed, potentially reopening the Strait of Hormuz. Brent crude dropped to $83 a barrel and gas prices fell 6%, easing fears of severe economic consequences.
Riot police in Geneva clashed with thousands of protesters on Sunday ahead of a G7 summit in France. Water cannons and tear gas were used against demonstrators who hurled projectiles, smashing bank windows and burning a Tesla. The march, organized by various groups, largely proceeded peacefully apart from the clashes.
Bitcoin surged to over $65,000 following President Trump's announcement of a completed deal with Iran and the opening of the Strait of Hormuz. However, investors remain skeptical about sustained market recovery due to weak institutional demand and ongoing geopolitical risks.
Marine Le Pen stated it's a relief Jordan Bardella could run in the 2027 French election if she is barred due to a conviction. Bardella, the National Rally leader, signaled a softer foreign policy approach than Le Pen's, emphasizing change within the EU and NATO without withdrawal.
Bitcoin surged past $65,000, recovering from recent selling pressure. A US-Iran peace deal, mediated by Pakistan and set for signing June 19, eased geopolitical tensions, leading to falling oil prices and rising crypto markets. ETF outflows also slowed, indicating reduced forced selling.
Global oil prices dropped and stock markets surged as optimism grew for a US-Iran peace deal, potentially reopening the Strait of Hormuz and ending a major energy supply crisis. Brent crude fell below $84/barrel, while European and Asian markets rallied.
A new trend of "loneliness influencers" is emerging, broadcasting tales of their friendless lives online. The author finds their content, which often depicts cozy nights alone with self-care rituals, to be depressing and defeatist, arguing for more proactive social engagement instead.
President Trump celebrated his 80th birthday with a peace deal with Iran, leading to a global stock rally and oil price drop. However, he also warned France of a new trade war over digital taxes. Meta's AI efforts show progress with the Muse Spark model.
Global markets surged Monday following a framework agreement between the US and Iran to end their conflict, leading to a fall in oil prices and the US dollar. The reopening of the Strait of Hormuz was announced, boosting investor confidence in riskier assets.
France aims for a more attacking style in the upcoming tournament, featuring a potent "Fab Four" and an "unrivalled attacking armada." Midfielder Adrien Rabiot emphasizes the need for balance, acknowledging his role in facilitating the attackers while ensuring defensive stability, a crucial element in modern football.
Le principali borse asiatiche, tra cui Hong Kong, Shanghai, Shenzhen, Tokyo e Seul, registrano guadagni significativi. L'ottimismo è alimentato dall'annuncio di un accordo di pace tra Stati Uniti e Iran.
Jordan Bardella, French presidential front-runner, plans to challenge the EU's budget and cut France's contributions. While softening NATO stance, he aims to fundamentally reshape the EU, warning against its "outdated" principles and seeking alliances with nationalist governments.
Asian stocks surged and oil prices plunged as markets reacted to news of a potential US-Iran peace deal. Investors are unwinding geopolitical risk premiums, with oil futures dropping significantly and equities like South Korea's Kospi and Japan's Nikkei 225 showing strong gains.
The ASX is expected to continue its recent rally, with ASX 200 futures indicating a 0.4% gain. This optimism is driven by a strong Wall Street close, fueled by renewed hopes for a Middle East peace deal and the successful SpaceX IPO.
Russian President Vladimir Putin praised First Lady Melania Trump's efforts in reuniting Russian and Ukrainian children with their families during a phone call with Donald Trump. Trump conveyed greetings from his wife and gratitude for Russian assistance.
Thousands of protesters gathered in Geneva on Sunday, organized by the "No-G7" coalition, to demonstrate against the upcoming G7 summit in France. They expressed fears about G7 policies, particularly those of President Trump, citing concerns about war, climate change, inequality, and poverty.
Former Italian army general Roberto Vannacci is launching his "Futuro Nazionale" party, challenging Prime Minister Giorgia Meloni's leadership within the conservative bloc and potentially destabilizing her government ahead of the 2027 general election.
