The S&P 500 index has reached a new record high as investors appear to be moving past concerns rsing from the Iran conflict. Meanwhile, the US blockade on Iranian ports has been described as "fully implemented" with mediators pushing for a US-Iran ceasefire extension. The situation in Iran remains tense, with the country claiming that an oil tanker has successfully transited the Strait of Hormuz.
In other news, the tech industry is continuing to evolve with Adobe taking its Creative Cloud into new territory with AI-powered features. Google has also launched a new Mac app called Gemini, which offers a range of features including AI-powered productivity tools. The entertainment industry is also in the spotlight, with the Cannes Film Festival announcing that the fourth season of the popular series "The White Lotus" will be its theme.
Daily Digest