Gain

• The Nasdaq rose as investors poured money into semiconductor and AI companies following two major global events. • Market gains were triggered by SpaceX's landmark $75 billion IPO on June 12 and a U.S.-Iran peace deal signed on June 14. • These developments reignited investor appetite for high-growth tech stocks, signaling a shift in risk tolerance for the sector.

• ABC's 'The View' aired a new commercial featuring the late Barbara Walters to encourage viewers to take action against the FCC. • The advertisement urges the audience to "use your voice" as the network navigates ongoing legal drama involving the federal regulator. • This move signals a public escalation in the conflict between the network and the FCC, leveraging Walters' legacy to mobilize viewers.

Minor party says it has also negotiated an extension to the inquiry into controversial changes to the NDISFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Greens will support the Albanese government’s negative gearing and capital gains tax changes under a deal that will delay and tweak Labor’s planned overhaul of the national disability insurance scheme.The minor party announced its position on Tuesday morning, clearing the path for Labor to pass its contentious budget centrepiece before federal parliament rises for the winter break. Continue reading...

President says ‘vandals’ to blame for algae blooms and peeling paint as $14m renovation to undergo further repairsThe Lincoln Memorial reflecting pool is set to be drained again after Donald Trump said on Monday – without providing proof – that five people were arrested for vandalism and five more are under investigation in connection to the algae blooms and peeling paint that appeared weeks after his ill-fated $14m renovation attempt.“It’s not a lot of damage, but we’ll probably have to let the water out and refix it. They went in there with a knife,” Trump told reporters, describing what he first said was a 290- to 300ft slit in the paint but then later amended to a 350ft slit. He also said someone had put fertilizer into the water, which caused the algae to grow. Continue reading...

Federal judge rules subpoenas linked to immigration crackdown ‘issued for unlawful reasons’US politics live – latest updatesA federal judge agreed to quash the US federal government’s subpoenas of leaders in Minnesota issued during the Trump administration’s controversial immigration crackdown on the state earlier this year.The US Department of Justice issued subpoenas to the Minnesota governor, Tim Walz, the attorney general, Keith Ellison, the Minneapolis mayor, Jacob Frey, and other local officials in the Twin Cities in January. Continue reading...

• The British Pound fell to 1.32 against the US Dollar, marking a 1.65% decline over five days following the resignation of Prime Minister Keir Starmer. • Starmer's departure follows intensifying internal dissent and policy reversals, exacerbated by Andy Burnham's recent parliamentary seat win, which may trigger a formal leadership challenge. • This political turmoil, combined with a strengthening US Dollar, has significantly pressured the GBP and shaken public confidence in the government.

• Asian stock markets rose, driven primarily by gains in the artificial intelligence sector. • Conversely, Asian currencies declined as a stronger U.S. dollar and uncertainty surrounding U.S.-Iran peace talks discouraged investment in emerging market assets. • The MSCI EM currencies gauge fell 0.3% for the third straight session, with the Indonesian rupiah weakening to 17,818 per dollar and the Indian rupee dropping to 94.405.