Erika Herskowitz

markets are closed for Memorial Day today, but stocks are still trading overseas.

The FTSE in London closed ahead nearly a quarter of a percent.

The CAC in Paris, up nearly 2%.

The DAX in Germany, 2% higher.

And the Nikkei in Japan led a rally in Asia, closing above 65,000 for the first time.

It was up 2.8%.

The Hang Seng in Hong Kong added a tenth of a percent.

China's CSI 300 gained one and a half percent.

Closer to home, National Economic Council Director Kevin Hassett says he's confident a further drop in oil prices when the war ends will create space for a Fed cut.

Kevin Hassett on Fox News.

Pope Leo was joined by Anthropic co-founder Christopher Ola today at the Vatican to launch the first encyclical on AI, warning about its dangerous impacts.

The pontiff says AI could accelerate the pace of conflicts, which adds to furious debate over how far AI models should be constrained.

It also comes as Anthropic unveils Mythos, an AI tool that can identify unknown flaws in IT systems, which has triggered anxiety across the globe over the past months.

Indonesia is blocking access to prediction market PolyMarket, labeling it a form of online gambling, after a bet on the possible early end of its president's tenure circulated on social media.

The Indonesian government says it will not allow any form of online gambling and has intensified a crackdown on online betting since its president took office in October 2024.

The Ebola outbreak in Central Africa has now killed more than 200 people, and it's spreading quickly with more than 1,000 cases now reported in the Congo.

It's raising a lot of questions about the World Cup as teams and fans start making their way to North America from all over the world.

A physician in emergency medicine, Dr. Darian Sutton.

Dr. Darian Sutton.

The threat of a leaking toxic chemical tank exploding in Garden Grove, California, has been eliminated.