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on x US President Joe Biden will address a group of Democratic governors on Wednesday, as concerns mount about his fitness for office in the wake of a disastrous debateCNN reported earlier on Tuesday that several Democratic governors were seeking a meeting with the White House to discuss their concerns about the president. The effort was being led by Minnesota governor Tim Walz, according to CNN.
The S&P 500 ended the session up 0.6 per cent, closing above 5,500 points for the first time. The Nasdaq Composite rose 0.8 per cent, the first time it finished higher than 18,000 points. Heavyweight tech companies contributed to those gains, with Apple and Amazon adding 1.6 per cent and 1.4 per cent respectively, while Tesla advanced more than 10 per cent after the electric vehicle giant posted a quarterly sales rebound.
Taiwanese coast guard ships sent to provide emergency assistance to the fishing boat were blocked by Chinese coast guard vessels and told not to interfere.Share $China confiscates Taiwanese fishing vessel, Taipei says on X US stocks climb as traders weigh Powell remarks The euro slipped 0.05 per cent against the dollar to $1.0732. Yields on benchmark German government bonds were broadly steady on the day, having climbed on Monday during a global sell-off.Share $European stocks dragged lower as banks and healthcare companies slip on X
“This package under presidential drawdown authority will provide more air defence interceptors, anti-tank weapons, and other critical weapons from us inventories,” US defence secretary Lloyd Austin said. The Manhattan district attorney's office said it did not “oppose” Trump's request for a delay to file his motion, even if “we believe defendant's arguments to be without merit,” according to a letter sent to Juan Merchan, the judge presiding over the case, on Tuesday.
Share $Merck Mercuriadis to step down from Hipgnosis Song Management on Facebook Demand for US workers rose slightly in May, keeping pressure on the Federal Reserve as it weighs interest rate cuts later this year.