Trump announces Washington rally for US 250th anniversary after concert cancellations
US President Donald Trump has announced a mass rally in Washington on 24 June to mark America's 250th anniversary, after planned concerts linked to the celebrations were cancelled. He said the event would replace the concerts after several artists pulled out, and described it as a major rally for the national milestone. The announcement was made on his Truth Social account.Trump said the rally would feature Lee Greenwood, the singer of God Bless the USA, along with US military bands and choruses. He also said the event would include speakers and music he described as familiar to supporters. In his... [Continue Reading]
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Wall Street closes mixed as Dow and S&P 500 edge higher, tech and crypto wobble while chips and energy lead
Executive summary: Wall Street finished mixed, with the Dow Jones Industrial Average and S&P 500 posting modest gains while the Nasdaq Composite and Russell 2000 slipped. The session was defined by a sharp split inside growth assets, Nvidia and the broader chip complex advanced, but Amazon, Tesla, Meta and Bitcoin fell hard. Energy and banks also outperformed, while defense and several metals softened. The move suggests investors rotated toward cyclicals and select AI beneficiaries rather than broad risk taking. [Continue Reading]
Wall Street closes mixed as tech and energy lead, bitcoin and gold slide, and crude jumps on supply shock
Executive summary: U.S. equities finished mixed, with the S&P 500 and Nasdaq higher while the Dow was little changed and small caps lagged. The day’s sharpest moves came outside the main indexes, as WTI crude surged more than 10%, energy stocks outperformed, and bitcoin and ether fell more than 10%. The pattern points to a market rotating toward energy and select AI-linked names, while risk assets and precious metals came under pressure. [Continue Reading]
Wall Street opens mixed as AI chips surge, oil jumps and Bitcoin slides
Executive summary: US equities opened with a split tone, led by a strong rally in technology and semiconductor shares while energy also firmed on a sharp move higher in crude. The S&P 500, Nasdaq Composite and Dow Jones all traded higher at the open, but Bitcoin, gold and silver were under pressure, underscoring a rotation toward risk assets tied to AI and energy and away from parts of the crypto and metals complex. [Continue Reading]
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Europe opens mixed as Brent jumps, FTSE slips and gold cools after a volatile global risk reset
Executive summary: European markets opened with a split tone, as energy strength and a softer risk backdrop lifted some assets while UK equities and precious metals came under pressure. Brent crude surged +6.5%, the Euro Stoxx 50 rose +0.9%, but the FTSE 100 fell -1.3% and gold eased -1.5%. Ether also dropped sharply, underscoring a broader risk-off tone in parts of the market. [Continue Reading]
Tokyo and Asia-Pacific close sharply higher as Nikkei surges, Kospi jumps and oil spikes near $100
Executive summary: Tokyo and broader Asia-Pacific markets finished the session with a strong risk-on tone, led by a +5.7% jump in the Nikkei 225 and a +9.4% surge in the Kospi. WTI crude climbed +9.3% toward $100 a barrel, while gold and silver eased and Ether fell sharply. The move points to a session dominated by energy, equity momentum and currency pressure, with USD/JPY edging higher toward 160. [Continue Reading]
Taiwan condemns China after New York Times reporter expelled over Lai interview
Taiwan's presidential office has condemned China after the New York Times said one of its reporters was expelled from the country following an interview the newspaper conducted with President Lai Ching-te. The row centres on Vivian Wang, whom the paper said was expelled in February, with Chinese officials reportedly linking the move to a December video interview with Lai. Taiwan said the action showed pressure on the media and added to concerns about Beijing's treatment of press freedom.According to the report, the newspaper said Wang was told the expulsion was in response to the DealBook summit interview with Lai, although... [Continue Reading]


