NEW YORK (AP) - U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may be undermining the ceasefire in the war with Iran. The S&P 500 fell 0.4% Monday, coming off its latest all-time high. The Dow Jones Industrial Average dropped 1.1%, and the Nasdaq composite slipped 0.2%.
NEW DELHI (AP) – Indian Prime Minister Narendra Modi’s ruling Hindu nationalist party on Monday wrested control of the state of West Bengal, an opposition stronghold, in a key election. The Election Commission of India released partial results showing the Bharatiya Janata Party won at least 124 seats in the 294-member West Bengal assembly.
The ceasefire in the Iran war abruptly faced its most perilous moment Monday after the United States began trying to open the Strait of Hormuz to allow hundreds of stranded commercial ships sail out.
Shares of eBay are soaring before the opening bell Monday as Ryan Cohen’s GameStop pursues an approximately $56 billion takeover of the company, seeing it as a vehicle to compete with online retail giant Amazon.
NEW YORK (AP) – A hidden force is quietly pushing up costs for everything from your summer vacation to your weekly grocery bills: a weaker U.S. dollar. The dollar has fallen about 10% against other major currencies since President Donald Trump returned to the White House, a pullback potentially playing a role in Americans’ concerns about affordability.
LONDON (AP) – Working from home is the new normal for millions of people in the U.K., and Surrey County Cricket Club has spotted an opportunity to galvanize attendances at its south London ground.
DUBAI, United Arab Emirates (AP) – The U.S. military said it battled Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz on Monday. The United Arab Emirates, a key American ally, said it had come under attack from Iran for the first time since a fragile ceasefire took hold in early April.
Russia’s Defense Ministry declared a unilateral ceasefire in Ukraine for Friday and Saturday to mark the 81st anniversary of the defeat of Nazi Germany in World War II, but it threatened to strike back at Kyiv if it tries to disrupt the Victory Day festivities.
U.S. forces on Monday launched an effort to guide commercial ships through the Strait of Hormuz, where hundreds have been stuck since the Iran war began. Two American-flagged merchant ships have “successfully transited” through the critical waterway, the U.S. military said.
YEREVAN, Armenia (AP) – European leaders on Monday said President Donald Trump’s surprise decision to pull thousands of U.S. troops out of Germany is just the latest signal that Europe must take more responsibility for its security.































































































































