Trump arrives

at summit

EVIAN-LES-BAINS, France (AP) — President Donald Trump has started his visit to the G7 summit by hailing an agreement aimed at ending the U.S. conflict with Iran. Trump met Monday with French President Emmanuel Macron and called the deal a potential breakthrough for global security.

The Republican U.S. president says the deal could lead to positive changes in the Middle East. The agreement has yet to be fully detailed but might alter the dynamics of the summit, where Trump has faced criticism from European leaders for his decision to start the war without consulting them.

Macron is among the leaders who’ve criticized Trump over the war but congratulates him for finding an agreement with Iran.

Stocks leap

worldwide

NEW YORK (AP) — Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.

The S&P 500 rose 1.7% Monday on hopes that this time, the announcement of an Iran-U.S. agreement will mean a long-term fix to a conflict that has worsened inflation around the world. The Dow Jones Industrial Average climbed 0.9% to a record, and the Nasdaq composite jumped 3.1%.

Brent crude’s price fell 4.8%, helping stocks of companies with big fuel bills to jump. AI stocks also rallied following their sharp swings over the last couple weeks.

Missouri

crash probed

(AP) — Several of the skydivers who were killed when their plane crashed moments after taking off from a Missouri airfield were experienced jumpers. Authorities say the pilot and all 11 passengers died in the crash Sunday in Butler, Missouri.

The United States Parachute Association, skydiving’s governing body, says its technology director, Jen Sharp, was among those killed. Sharp’s website says she has made 6,800 jumps and also taught skydiving instructors and wrote educational materials for the sport.

Skydive Kansas City says its team and the close-knit skydiving community is in shock. Federal investigators are at the crash site and have started interviewing witnesses.

Fox to

buy Roku

NEW Y0RK (AP) — Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion. The deal will give Fox access to the Roku Channel, first-party data and more than 100 million global streaming households.

Fox is a media giant that includes sports, news and entertainment content as well as Tubi.