The Philadelphia semiconductor index sharply outperformed the rest of the market as ‌Intel’s shares jumped to ⁠a record ⁠high. U.S. President Donald Trump said iPhone maker Apple had agreed to work with Intel to design and manufacture its chips in the U.S.

Early in the session, oil prices slid to their lowest levels since early March after the U.S. and Iran signed an interim agreement that extends the April ceasefire by another 60 days to allow the sides time to reach a final deal.

Although Trump threatened to resume attacks if Iran failed to honor its commitments, the first ships started sailing through the Strait of Hormuz, where transportation of oil, gas, fertilizer and other cargoes had been disrupted since the start of the war.

According to preliminary data, the S&P 500 gained ⁠78.31 points, ‌or 1.06%, to end at 7,498.41 points, while the Nasdaq Composite gained 496.28 points, or 1.87%, to 26,507.05. The Dow Jones Industrial Average rose 70.29 points, or 0.14%, to 51,562.84.

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All three of Wall Street’s major indexes tumbled in ⁠the previous session as investors priced in the likelihood of Fed rate hikes, after the central bank’s new Chair Kevin Warsh underscored the need to curb inflation and other policymakers signaled higher borrowing costs ahead.
“Markets got spooked by Warsh yesterday essentially promising to contain inflation,” said Tony Welch, chief investment officer at SignatureFD, but he pointed to easing oil prices and recent strength in earnings and economic data. “All together, the package of data is still supportive whether or not the Fed has become a little bit more hawkish.”
Traders were betting on a roughly 50% chance of a 25-basis-point rate hike as soon as September and a roughly 20% probability for a 50-basis-point hike, according to CME Group’s FedWatch tool.

Investors were still ‌assessing Warsh’s indication that the Fed would provide less guidance on future policy moves and his stated focus on price stability. Eric Johnston, chief equity and macro strategist at Cantor, said: “The conclusion today is that the Fed has more credibility around inflation.”

On the data front, Labor ⁠Department data showed the number of Americans filing claims for unemployment benefits fell last week as layoffs remained low.

In individual stocks, shares of Accenture tumbled after the company trimmed the top end of its annual revenue forecast. Peers including Cognizant Technology Solutions , Gartner and IBM fell in sympathy.

Among other movers, Kroger shares fell after the grocer reported a lower-than-expected profit for the first quarter and kept its annual forecasts unchanged. Shares in Elon Musk’s SpaceX fell for a second straight day, after the space and AI company had rallied sharply for the first few days of trading after its market debut last Friday.

Thursday also marked the once-in-a-quarter simultaneous expiry of derivatives contracts tied to stocks, index options and futures, also known as “triple witching,” which can boost trading volume and aggravate volatility.

Ask a group of friends and you’ll likely get a dozen different answers. Some insist the bill should always be split equally, others believe the person who sets up the date should pay and despite changing attitudes towards gender roles, many still see a man picking up the bill as a romantic gesture rather than an outdated tradition.

OCBC analysis suggests that while the USD/THB exchange rate shows critical overbought signals, there are still significant upside risks that should be considered.

Key Points

• OCBC’s analysis on the USD/THB exchange rate highlights critical overbought signals indicating a potential correction.
• Despite these signals, the report emphasizes ongoing upside risks for the USD/THB rate, suggesting that the potential for further increases remains significant.
• Investors are advised to stay cautious, as market conditions may still favor the US dollar against the Thai baht.

Current Market Conditions

The analysis from OCBC highlights the current state of the USD/THB exchange rate, signaling critical overbought conditions that may obscure underlying risks. The increasing value of the USD against the Thai Baht (THB) is underpinned by a combination of global economic factors and local monetary policies. These factors are pushing the exchange rate further, attracting both domestic and international interest. Despite these indicators pointing towards a potential market correction, the rising demand for the USD suggests that such a correction may not materialize in the immediate term, thus lifting the volatility in the currency pair.

Future Projections

Looking ahead, OCBC emphasizes that while overbought signals indicate a potential slowdown for the USD/THB, there remains persistent upside risk. Economic resilience in the U.S. continues to exert pressure on the Asian currencies, including the THB. Trade dynamics and capital flows, influenced by the economic strategies of the U.S. and Thailand, could impact the exchange rate significantly. Investors should be cautious; the interplay of these forces means that even amidst overbought conditions, the USD may still experience upward momentum.

Strategic Implications for Investors

Investors aiming to navigate the fluctuations in the USD/THB exchange rate should take into account the complex dynamics at play. The analysis suggests that careful monitoring is essential; overbought conditions may provide limited short-term opportunities for profit-taking, but downside risks remain pronounced. As both domestic economic data and global developments unfold, investors must remain adaptable, ready to respond to new information that could influence the long-term trajectory of the USD/THB. Strategizing with risk management in mind will be essential to capitalize on potential market shifts while safeguarding against unforeseen losses.

Source : Critical Overbought Signals Mask Persistent Upside Risks – OCBC Analysis

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Daveigh Chase, the actress who gave voice to one of Disney animation’s most beloved characters while simultaneously terrifying moviegoers as a horror icon, died Tuesday in Los Angeles. She was 35.

Her boyfriend, Roy Hernandez, confirmed her death, saying Chase died from meningitis and an infection in her blood that caused septic complications and ultimately led to her body shutting down. Her father also confirmed her death to the New York Times, saying she had been homeless and living in Los Angeles with her boyfriend and that she had been struggling with drugs since the age of 13.

Chase had been admitted to a hospital in Los Angeles earlier this month due to malnutrition. Her boyfriend had recently set up a GoFundMe page for the ailing Chase, in which he wrote that she had been diagnosed with meningitis and several serious blood infections and that her condition had become critical.

In the GoFundMe page, Hernandez acknowledged that Chase had experienced a difficult childhood and a painful falling out with her family, and that she had struggled to find safety and happiness in downtown Los Angeles. He wrote that when the two met, he promised to protect her and give her the love and comfort she deserved, and that together they had found moments of happiness and hope.

Born in Las Vegas and raised in Albany, Oregon, Chase launched her career as a child actor at age seven, when she appeared in commercials. She won the role of Lilo the following year, at the age of eight.

That role would define her legacy. Chase voiced Lilo in the hit Disney animated film “Lilo & Stitch” in 2002 and the follow-up television series. The film, a heartfelt story of a lonely Hawaiian girl and an alien creature she adopts as a pet, became a cultural phenomenon and one of Disney’s most enduring properties. For her voice work, Chase won an Annie Award for outstanding voice acting in an animated feature production.

That same year, Chase delivered what would become one of the most chilling performances in American horror history. In Gore Verbinski’s 2002 horror hit “The Ring,” Chase played Samara Morgan, the lank-haired supernatural antagonist whose image — a small pale girl emerging from a television set — became one of the most iconic visuals in the genre. At just 12 years old, Chase was named Best Villain at the 2003 MTV Movie Awards, beating out Willem Dafoe, Daniel Day-Lewis, and Colin Farrell. Her performance was also featured as archival footage in the 2005 sequel “The Ring Two” and 2017’s “Rings.”

The feat of delivering two such culturally distinct and memorable performances in the same year — one joyful and one terrifying — was a testament to Chase’s range as a young performer.

Chase also voiced Chihiro Ogino in the American dub of the acclaimed Studio Ghibli film “Spirited Away,” further cementing her status as one of the most recognizable voice actresses of her generation.

Chase also played Samantha Darko, the younger sister of Jake Gyllenhaal’s lead character in “Donnie Darko,” and she starred in the direct-to-video sequel “S. Darko” in 2009.

Beginning in 2006, Chase earned a recurring role in the HBO drama series “Big Love,” which follows a fundamentalist, polygamist Mormon family. She played Rhonda Volmer in 32 episodes of the series during its five-season run.

Her other television credits included “Betsy’s Kindergarten Adventures” on PBS Kids, as well as appearances on “Sabrina the Teenage Witch” and “ER.” Her last acting roles came in 2016.

In the GoFundMe page, Hernandez also referred to various other difficulties encountered by Chase over the years, including bullying and a falling out with her family. In the years after her acting career wound down, she largely withdrew from public life.

The news of Chase’s death drew an immediate outpouring of grief from fans across social media, many of whom grew up with her performances as both Lilo and Samara as formative cinematic experiences. Letterboxd, the popular film social network, marked her passing with a tribute post.

Chase is being remembered for her performances in “The Ring,” “Lilo & Stitch,” “Big Love,” and “Donnie Darko,” as well as for her voice role in the English dub of “Spirited Away.” She leaves behind a body of work that touched multiple generations of film and television audiences, spanning the full spectrum from animated enchantment to horror iconography — a rare duality that few actors at any age have managed to achieve.

Daveigh Elizabeth Chase was born July 24, 1990. She was 35.

Exchange-traded funds (ETFs) are great investment vehicles for gaining instant exposure to different sectors at prices often lower than those of some of the ETF’s top stock holdings.

For example, Space Exploration Technologies, or SpaceX, closed its first day of trading at just under $161. But the Tema Space Innovators ETF, which holds SpaceX and other space-related investments, is trading below $35 per share.

That said, with so many different options to choose from, there’s one key question to consider before adding the first ETF into any portfolio.

U.S. stocks hover near record highs, along with metals including silver and gold.  (Michael M. Santiago/Getty Images)

The biggest question to ask yourself

The question to answer before buying an ETF is, “What role is this ETF going to serve in my portfolio?”

5 SIMPLE ETFS TO BUY WITH $500 AND HOLD FOR A LIFETIME

For example, an investor may want to generate more income. With that goal in mind, one investment to consider is the Schwab U.S. Dividend Equity ETF, which tracks U.S. companies with high dividend yields. That ETF pays a dividend that yields above 3%. For investors seeking greater access to theme-based investing with higher price appreciation potential, there are ETFs focused on sectors like artificial intelligence (AI).

COULD THE VANGUARD S&P 500 ETF BE YOUR TICKET TO BECOMING A STOCK MARKET MILLIONAIRE?

When it comes to the very first ETF to add to a portfolio, however, the Vanguard Total Stock Market ETF offers a strong starting point. Its investment philosophy is straightforward and has helped investors build long-term wealth.

How the Vanguard Total Market ETF operates

The Vanguard Total Stock Market ETF is designed to track the CRSP U.S. Market index, which represents 100% of the investable U.S. stock market. Its holdings include large-, mid-, and small-cap stocks, with those holdings totaling nearly 3,500. Nvidia is the top holding, with a portfolio weight of 6.6%.

The question to answer before buying an ETF is, “What role is this ETF going to serve in my portfolio?” (Reuters/Jeenah Moon)

1 UNDER-THE-RADAR ETF TO INVEST $1,000 IN RIGHT NOW THAT’S OUTPERFORMING MAJOR INDEXES THIS YEAR

It’s a tech-heavy ETF, however, so this may not be a fit for investors who already have heavy exposure to tech stocks. Still, this ETF offers massive diversification, a history of steady returns, and a dividend payout. As of May 31, the Vanguard Total Stock Market ETF is up over 308% over the last 10 years, and its dividend yield is 1%, boosting that total return potential.

Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Waymo is recalling nearly 4,000 robotaxis after more than a dozen incidents in which the autonomous vehicles entered closed freeway construction zones, according to a National Highway Traffic Safety Administration (NHTSA) recall report.

The recall affects 3,871 vehicles equipped with Waymo’s 5th Generation Automated Driving System.

According to NHTSA, the software issue could allow a vehicle to enter a closed freeway construction zone and continue traveling at posted speeds. Regulators said affected vehicles may avoid or fail to recognize certain construction-zone closures because of the software defect.

Waymo estimates that all 3,871 vehicles covered by the recall are affected.

WAYMO PAUSES FREEWAY ROBOTAXI ROUTES AFTER SAFETY AND SOFTWARE CONCERNS

A Waymo self-driving Jaguar I-PACE SUV waits at an intersection in San Francisco, March 18, 2025. (Smith Collection/Gado/Getty Images / Getty Images)

According to the recall report, Waymo’s Field Safety Committee began reviewing the issue in late April after examining six incidents in which robotaxis drove past ramp closure signs and entered freeway construction zones.

The committee met again in May after identifying seven additional instances involving active construction zones in the San Francisco Bay Area.

As a result of the 13 reported incidents, Waymo implemented freeway-driving restrictions while engineers worked to identify the root cause and develop a remedy, according to the filing.

The recall covers Waymo 5th Generation Automated Driving Systems manufactured between May 17, 2022, and May 19, 2026. As of June 13, a software remedy remained under development, according to the filing.

WAYMO RECALLS MASSIVE AUTONOMOUS FLEET AFTER INCIDENT FLAGS MAJOR SAFETY ISSUE

Waymo’s legacy fully autonomous Chrysler Pacifica Hybrid minivan.  (Waymo / Fox News)

Waymo currently operates driverless ride-hailing services in cities including San Francisco, Los Angeles, Phoenix and Austin, and has announced plans to expand into additional markets.

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A Waymo spokesperson told FOX Business the company voluntarily restricted freeway operations while making improvements, notified regulators and filed a voluntary recall with NHTSA.

“We identified an area of improvement regarding performance around freeway construction zones,” the spokesperson said.