The Wall Street Journal reports that oil prices declined following the resumption of tanker activity at Russia's Novorossiysk Port, alleviating supply chain concerns. Analysts suggest this development could stabilize energy markets in the short term, though geopolitical risks remain a factor. Wall Street Journal (Markets)

Most Asian currencies weakened against the dollar amid a broader risk-off sentiment, according to The Wall Street Journal. This trend reflects market responses to Wall Street losses and concerns over global economic stability, potentially posing challenges for export-driven economies in the region. Wall Street Journal (Markets)

Japanese Government Bonds (JGBs) fell in early Tokyo trading, driven by growing worries over the nation's mounting debt levels, as reported by The Wall Street Journal. Economists note that sustained fiscal stress could hinder Japan's ability to respond to future economic crises effectively. Wall Street Journal (Markets)

The S&P 500 and Nasdaq dropped below their 50-day moving averages, marking significant declines across multiple asset classes, including tech and crypto. This broad sell-off, reported by The Wall Street Journal, underscores investor apprehension about inflationary pressures and tightening monetary policies. Wall Street Journal (Markets)

President Donald Trump announced the sale of F-35 fighter jets to Saudi Arabia, despite internal concerns about technology transfer risks to China, according to HuffPost. This move aligns with broader U.S. efforts to deepen ties with Saudi Arabia amidst ongoing negotiations to normalize relations with Israel. HuffPost

The UN Security Council adopted a U.S.-backed resolution for Gaza, with Russia and China abstaining, as reported by The Boston Globe. This plan includes the establishment of an International Stabilization Force and a pathway to Palestinian statehood, though resistance from Israel adds uncertainty to its implementation. bostonglobe.com

Nvidia unveiled its new Apollo AI model, designed for applications in scientific research, engineering, and computational physics. According to Computer World, this innovation could revolutionize fields like semiconductor design and weather forecasting, though concerns over Nvidia's market dominance persist. Computer World

The House of Representatives is set to vote on a bill mandating the release of all unclassified files related to Jeffrey Epstein, reports USA Today. This bipartisan effort, spearheaded by Thomas Massie and Ro Khanna, marks a significant push for transparency and accountability amidst political tensions. USA Today