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US House Passes Iran War Powers Resolution, 215-208 Vote June 06
House passes war powers resolution 215-208 to limit Trump’s Iran war authority, with four Republicans joining Democrats in rare rebuke.
HSBC Faces €80M Bond Over Lebanon Money Laundering Case, June 06
HSBC faces formal charges in France for allegedly helping Lebanon’s central bank chief launder USD 330 million, ordered to post 80 million euro bond.
XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Japan Stocks Fall on US Chip Weakness, Broadcom Shock Spreads, June 06
Broadcom’s weak earnings triggered a semiconductor selloff in Japan. Nikkei 225 fell 882 points as AI and chip stocks declined across Asia.
Turkey Signals Shift Toward India as Pakistan Mediates Iran Crisis, June 06
Turkey strengthens India ties amid Middle East tensions. Pakistan offers mediation in US-Iran conflict despite credibility concerns.
30-Year Mortgage Rate at 6.48%, Down 37 Basis Points Year-Over-Year
30-year mortgage rates at 6.48% on June 5, 2026, down 37 basis points year-over-year. 15-year rates at 5.72% as Fed holds steady.
Micron Stock Crashes 9.4% as Fed Rate Hike Fears Grip Tech, June 06
Micron stock fell 9.4% on June 05 as strong jobs data raised Fed rate hike odds, despite Nvidia HBM chip certification.