Erika Herskowitz

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.

As the nation observes Memorial Day, President Trump paid a visit to Arlington National Cemetery.

There, on hallowed ground, he delivered remarks and took part in a wreath-laying ceremony as America honors the men and women who have died while serving their country.

Overseas, Pope Leo is warning about the dangers of artificial intelligence.

We get more from Bloomberg's Monica Ricks.

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

The Orange County Fire Authority made the announcement this morning after conducting an overnight inspection.

The threat of an explosion being eliminated could be the first step toward lifting evacuation orders for more than 50,000 residents.

Texas Attorney General Ken Paxton is riding high into the final days of the U.S.

Senate primary runoff against incumbent John Cornyn, now with the weight of President Trump's backing.

Bloomberg's Amy Morris reports from Washington.

Millions of Americans are kicking off the unofficial start of the summer travel season this Memorial Day by hitting the road despite rising energy prices and inflation.

Bloomberg Intelligence Senior Credit Analyst Jodi Lurie says people are prioritizing vacations.

She says cruise lines aren't hurting either, even with everything happening in the Middle East and numerous health scares, including Hantavirus.