NEW YORK (AP) - The U.S. stock market set more records but caution still hung over Wall Street. The S&P 500 rallied 1%. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite set its own record after climbing 1.6%. The price for a barrel of Brent crude oil briefly topped $102.

SANTIAGO, Chile (AP) – Far-right leader José Antonio Kast was sworn in as Chile’s new president on Wednesday, marking the Latin American nation’s most pronounced shift to the right since the return of democracy in 1990.

HONG KONG (AP) – The Hong Kong government is seeking to confiscate millions of dollars in funds and corporate shares it says are linked to crimes committed by jailed former media tycoon Jimmy Lai, according to a court document seen by The Associated Press on Tuesday.

DORAL, Fla. (AP) – President Donald Trump said Saturday that the United States and Latin American countries are banding together to combat violent cartels as his administration looks to demonstrate it remains committed to sharpening U.S. foreign policy focus on the Western Hemisphere even while dealing with five-alarm crises around the globe.

DUBAI, United Arab Emirates (AP) – Iran’s paramilitary Revolutionary Guard opened fire Wednesday on a container ship in the Strait of Hormuz, damaging the ship and further raising the stakes as planned ceasefire talks in Pakistan failed to materialize.

CAPE CANAVERAL, Fla. (AP) – A telescope in Chile has revealed in unprecedented detail the swirling splendor of star-forming gases at the heart of our Milky Way galaxy. The picture by the European Southern Observatory zeros in on a region of cold cosmic gases more than 650 light-years across. A light-year is nearly 6 trillion miles (9.7 trillion kilometers).

Excerpts from recent editorials in the United States and abroad:

SANTIAGO, Chile (AP) – The U.S. ambassador to Chile on Monday defended the recent visa restrictions against three high-ranking Chilean officials, saying it is a “sovereign decision” to determine who enters its territory.