hopes

Are men OK? Actor Jena Malone genuinely hopes so on a beguiling new album

If, god forbid, there’s a natural disaster in L.A. in the near future, Jena Malone might be one of your first responders.

“I’ve been studying Community Emergency Response Team training,” the actor-musician, 41, said, drinking coffee in the living room of her home overlooking pomegranate trees and a canyon in northeast L.A. “Whether it’s fire management or building a neighborhood tool shed, it’s less important for me to hit career milestones now than to transform how I live on this planet. Let’s build something where we’re all taking care of each other’s needs through mutual aid.”

Those are galvanizing priorities from Malone, who’s led generationally beloved films like the sci-fi noir “Donnie Darko,” played the axe-chucking Johanna Mason in two “Hunger Games” tentpoles and recently co-starred in the lesbian bodybuilding revenge flick “Love Lies Bleeding.” For almost as long, she’s also made experimental folk and electronic records that toy with avant-garde noise and quietly poignant songwriting.

This is a wild time in L.A. for anyone concerned about the city and its culture industries, and Malone is deeply invested in both. Just before the release of her new Netflix series, the Duffer Brothers-produced “The Boroughs,” she’s released her first album in nearly a decade. “Flowers For Men” is an effects-shredded, future-primitive record, written after the birth of her son upended her obligations — and expectations — toward the men in her life and the world they’ll inherit.

“It changed everything,” Malone said, about raising a son. “I grew up learning to thrive and mask in masculine spaces. Grind culture is a masculine toxicity that I inherited and indoctrinated myself in. But parenthood offers you this opportunity to burn your entire life down in sacrifice to finding out what’s real. I had no idea what it was to be a man. All of my ideas burned down and not much was being raised back up.”

For millennial film fans, Malone’s been a consistently compelling, trust-anything-she’s-in actor since her child-star turn in 1997’s “Contact.” Few embody a tortured, beguiling Americana quite like her.

“The Boroughs” — a high-profile follow-up to “Stranger Things” from the masters of unreality, created by Jeffrey Addiss and Will Matthews — has a stacked cast that includes Alfred Molina, Geena Davis and Bill Pullman, set amid a bucolic retirement community under supernatural threat. A ragtag group of Duffer Brothers misfits teaming up to fight off eldritch horror might be the last safe bet in television.

Yet that’s also how Malone feels about the current climate of Hollywood — a once-stable neighborhood fending off malign forces. Institutional consolidation and retreat, spiraling costs, technological upheaval — they all add to a creeping sense that an era is over, and worse is coming.

“Film is in such a delicate transition. I think that where music was 20 years ago, film is now,” she said. “It’s like being on an elevator where every floor is on fire. A lot of the things that I loved about it no longer exist, even if what I love about it is still wildly potent. My stress levels go down and my creativity goes up when I’m building a world that does not rely on the film industry, even though it’s my main love.”

That feeling called her back to music on “Flowers For Men,” arriving nine years after her last LP. The ego-shattering experience of giving birth in 2016 and raising a son prompted reflections about what men’s inner lives were really like, and she wanted to write about them.

“I was raised by two moms, and I had this strange aspiration to become the dad,” Malone said, laughing. “I was the breadwinner of my family then. But being a parent was all brand-new to me. I kept seeing my father in him, my grandfather, these older relationships with men. It was asking me to look at him with curious, childlike eyes.”

“Flowers For Men” was written from a sincere curiosity about mens’ strictures, bad influences and better aspirations. To inhabit someone else’s life, she had to sound different, too.

Actor and musician Jena Malone in Los Angeles, CA on May 5, 2026.

“Film is in such a delicate transition. I think that where music was 20 years ago, film is now,” Malone said. “It’s like being on an elevator where every floor is on fire. A lot of the things that I loved about it no longer exist, even if what I love about it is still wildly potent.

(Evan Mulling/For The Times)

The most prominent instrument on the album is its layers of vocal treatments. Malone has a lovely natural voice — intimately whispered, with hints of ‘70s country rock. But here she douses it in pitch-shifted digital acid, like a late 2000s R&B record dropped in the pool at the Joshua Tree Inn.

It’s an uncanny combo, but its lends modern melancholy to “Barstow,” which has the narrative structure of a Townes Van Zandt banger but is corroded with bleary effects. “Create In Your Name” has a Billie Eilish-worthy late-night murk, with lyrics so devotional they almost sound consumptive. “Disaster Zones” is all blown-out ambience, and the LP closes on a showstopping cover of John Prine’s classic “Angel From Montgomery.”

“I just love that a man wrote a song where the first line is ‘I’m an old woman,’” Malone said. “As a female songwriter, it gives me so much permission. Now all the doors are open. If I was to give flowers to all of the different men that have touched or changed things that deserve celebration, John Prine would be one of them.”

That idea — celebrating men for the good they’re capable of — felt transgressive enough today that it cohered the album for her. But it also came with questions about how romantic partnership fit into her life. Settling into motherhood, she read up on relationship anarchy — which she sees as not abiding by tiers of connection. She bought books on ethical nonmonogamy (“Sex at Dawn” was a big one) to learn how other lives were not just possible, but maybe even more fulfilling.

(Perhaps this was not a stretch from an actor who played the wild child Lydia Bennet in “Pride and Prejudice.”)

“I had been under this societal understanding that hierarchical love, placing one partner above everything else, was the ultimate romantic expression. I could name hundreds of movies that brought that up,” she said. “But while I’m learning to take care of this child, I’m realizing that self-love is one of the most important parts of this equation. I need to have expression, some work in life that felt like another love. And then my family, and how important friends were. And all of a sudden there’s no world where I would just have one love, not even just romantic love.”

Actor and musician Jena Malone in Los Angeles, CA on May 5, 2026.

“I had been under this societal understanding that hierarchical love, placing one partner above everything else, was the ultimate romantic expression. I could name hundreds of movies that brought that up,” Malone said. “But while I’m learning to take care of this child, I’m realizing that self-love is one of the most important parts of this equation. I need to have expression, some work in life that felt like another love.

(Evan Mulling/For The Times)

“Flowers For Men” is, in her way, a bargain with that contradiction — to love men deeply, but never put them above all else, even as she got engaged to her partner, actor Jack Buckley, earlier this year.

She’s still sorting out how to present this album live. She said she’s a fan of the Dead City Punx model of renegade shows in forgotten corners of L.A. Maybe as the city seems to fall apart, she’ll find a leafy park or the back of a dingy bar that’s the right home for these strange, lonely yet hopeful songs.

“I want someone to walk into the bathroom and be like, ‘Whoa, why is there a woman singing to me?’” Malone said. “I like the idea that art makes you a little uncomfortable and you don’t have the previously held expectations to know how to hold it.”

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Virginia Supreme Court strikes down Democrats’ redistricting plan, dimming party’s midterm hopes

The Virginia Supreme Court on Friday struck down a voter-approved Democratic congressional redistricting plan, delivering another major setback to the party in a nationwide battle against Republicans for an edge in this year’s midterm elections.

The court ruled that the state’s Democratic-led legislature violated procedural requirements when it placed the constitutional amendment on the ballot to authorize the mid-decade redistricting. Voters narrowly approved the amendment April 21, but the court’s ruling renders the results of that vote meaningless.

“This violation irreparably undermines the integrity of the resulting referendum vote and renders it null and void,” the court said in its opinion.

Democrats had hoped to win as many as four additional U.S. House seats under Virginia’s redrawn U.S. House map as part of an attempt to offset Republican redistricting done elsewhere at the urging of President Donald Trump. That ruling, combined with a recent U.S. Supreme Court decision severely weakening the Voting Rights Act, has supercharged the Republicans’ congressional gerrymandering advantage heading into this year’s midterm elections.

Legislative voting districts typically are redrawn once a decade after each census to account for population changes. But Trump started an unusual flurry of mid-decade redistricting last year when he encouraged Republican officials in Texas to redraw districts in a bid to win several additional U.S. House seats and hold on to their party’s narrow majority in the midterm elections.

California responded with new voter-approved districts drawn to Democrats’ advantage, and Utah’s top court imposed a new congressional map that also helps Democrats. Meanwhile, Republicans stand to gain from new House districts passed in Florida, Missouri, North Carolina, Ohio and Tennessee. They could add even more after the U.S. Supreme Court’s ruling in the Voting Rights Act case, which has prompted some other Republican states to consider redrawing their maps in time for this year’s elections.

Virginia currently is represented in the U.S. House by six Democrats and five Republicans who were elected from districts imposed by a court after a bipartisan redistricting commission failed to agree on a map after the 2020 census. The new districts could have given Democrats an improved chance to win all but one of the state’s 11 congressional seats.

Under the Demcoratic-drawn map, five districts would have been anchored in the Democratic stronghold of northern Virginia, including one stretching out like a lobster to consume Republican-leaning rural areas. Revisions to four other districts across Richmond, southern Virginia and Hampton Roads would have diluted the voting power of conservative blocs in those areas. And a reshaped district in parts of western Virginia would have lumped together three Democratic-leaning college towns to offset other Republican voters.

The state Supreme Court’s seven justices are appointed by the state legislature, which has toggled back and forth between Democratic, Republican and split control over recent years. Legal experts say the body doesn’t have a set ideological profile

The case before the court focused not on the shape of the new districts but rather on the process the General Assembly used to authorize them.

Because the state’s redistricting commission was established by a voter-approved constitutional amendment, lawmakers had to propose an amendment to redraw the districts. That required approval of a resolution in two separate legislative sessions, with a state election sandwiched in between, to place the amendment on the ballot.

The legislature’s initial approval of the amendment occurred last October — while early voting was underway but before it concluded on the day of the general election. The legislature’s second vote on the amendment occurred after a new legislative session began in January. Lawmakers also approved a separate bill in February laying out the new districts, subject to voter approval of the constitutional amendment.

Judicial arguments focused on whether the legislature’s initial approval of the amendment came too late, because early voting already had begun for the 2025 general election.

Attorney Matthew Seligman, who defended the legislature, argued that the “election” should be defined narrowly to mean the Tuesday of the general election. In that case, the legislature’s first vote on the redistricting amendment occurred before the election and was constitutional, he told judges.

An attorney for the plaintiffs, Thomas McCarthy, argued that an “election” should be interpreted to cover the entire period during which people can cast ballots, which lasts several weeks in Virginia. If that’s the case, he told justices, then the legislature’s initial endorsement of the redistricting amendment came too late to comply with the state constitution.

In January, a judge in rural Tazewell County, in southwestern Virginia, ruled that lawmakers failed to follow their own rules for adding the redistricting amendment to a special session last fall. Circuit Judge Jack Hurley Jr. also ruled that lawmakers failed to initially approve the amendment before the public began voting in last year’s general election and that the state had failed to publish the amendment three months before the election, as required by law. As a result, he said, the amendment is invalid and void.

The Virginia Supreme Court placed Hurley’s order on hold and allowed the redistricting vote to proceed before hearing arguments on the case.

Lieb writes for the Associated Press.

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Oil price plunges back below $100 on hopes of U.S.-Iran peace deal

A gas station in South Africa displays the latest prices for petrol and diesel after they hit a record high on Wednesday despite global oil prices plunging back below $100 a barrel on hopes of a deal to end the war in Iran. Photo by Kim Ludbrook/EPA

May 6 (UPI) — Global oil prices fell sharply and financial markets rallied Wednesday after U.S. President Donald Trump paused a military operation to reopen the Hormuz Strait to commercial shipping to give advanced peace talks with Iran a chance to deliver “a complete and final deal.”

Falls in Brent crude of more than $10 a barrel to $99, American crude by $13 to $92 a barrel and rallies in Asian stock markets overnight that fed into Europe when bourses opened there failed to feed through to U.S. gas prices, which jumped 5 cents a gallon to their highest level of the war.

AAA motor club figures showed a national average of $4.54 for a gallon of petrol and $5.67 for diesel, meaning drivers were paying 53% and 51% more than before the war started on Feb. 28, with the caveat that fuel price adjustments normally lag crude oil price movements by several days.

The White House believes a draft one-page, 14-point memorandum of understanding to end the war and create a structure for more in-depth nuclear talks could succeed in breaking the deadlock, two U.S. officials and two other sources said.

An Iranian foreign ministry spokesman confirmed to CNBC that Iran was in receipt of the U.S. proposal and was “evaluating it.”

The Trump administration anticipates Iran will give its response with regard to the most critical elements of the plan in the next two days and although nothing has been finalized it was being seen as significant because it was the closest the sides had been to a deal since the beginning of the war.

However, Trump also appeared ambivalent, saying Wednesday it was “perhaps” too big of a stretch to believe Iran would take the deal and threatening to order the U.S. military to restart its airborne offensive against the country if it didn’t.

Analysts said investor confidence was boosted mainly by the fact the cease-fire was holding and signs that the economy was nowhere near as badly affected by the war as feared.

“This helped oil prices to come back down again and ease fears about a renewed escalation, with investors a bit more hopeful that an extended stagflationary shock would be avoided,” Deutsche Bank wrote in a note.

It added that investor confidence was also bolstered by new U.S. economic data showing among other positive indicators, that job vacancies declined less than anticipated in March, saying the numbers “cemented the case that the conflict’s wider economic impact was still fairly muted.”

“This helped oil prices to come back down again and ease fears about a renewed escalation, with investors a bit more hopeful that an extended stagflationary shock would be avoided,” they added.

Hopes were also riding on the possibility China would prevail on visiting Iranian foreign minister Abbas Araghchi to persuade Iran to uphold the current truce with the United States, so as not to throw a wrench into Trump’s visit to Beijing on May 14, the first by any U.S. president in almost a decade.

China is one of Iran’s largest customers for its oil exports.

President Donald Trump speaks before signing a proclamation inside the Oval Office at The White House on Tuesday. The memorandum is set to restore the Presidential Fitness Test Award, a competitive school-based fitness program last seen under the Obama administration. Photo by Tom Brenner/UPI | License Photo

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Seoul shares shoot up nearly 6.5 pct to over 7,300 on chip rally, Mideast hopes; won rises

Employees take part in a ceremony at the trading room of Woori Bank in Seoul on Wednesday to celebrate the benchmark KOSPI closing at an all-time high of 7,384.56. Photo by Yonhap

South Korean stocks shot up nearly 6.5 percent Wednesday, extending a record-breaking run to top the 7,300-point mark, driven by a semiconductor rally and optimism for a potential peace deal in the Middle East. The local currency also strengthened against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) added 447.57 points, or 6.45 percent, to a fresh record high of 7,384.56.

It marked the second-largest daily gain in terms of points following 490.36 points reached on March 5.

Trade volume was heavy at 984.4 million shares worth 58.2 trillion won (US$40 billion), with losers outnumbering winners 199 to 677.

Foreigners bought 3.1 trillion won worth of local shares, while institutions and individuals dumped a net 2.3 trillion won and 571.2 billion won, respectively.

Overnight, U.S. President Donald Trump said he would pause operations to escort ships through the Strait of Hormuz as part of efforts to reach a final agreement with Iran.

The KOSPI opened 2.25 percent higher to surpass the landmark 7,000-point threshold for the first time and extended the gains throughout the session.

The main index has been on a bullish run in recent months, surpassing the 5,000-point mark in late January and topping another milestone of 6,000 points in February.

After recouping its losses in March following the outbreak of the U.S.-Iran war in late February, the KOSPI breached the 7,000-point level on continued optimism over the artificial intelligence (AI) boom and hopes for the reopening of the key waterway.

“Global tech giants’ strong performances and the strengthened value chain for AI data centers boosted the AI-related shares,” Lee Kyung-min, an analyst at Daishin Securities, said. “In particular, the market’s top-three shares of Samsung Electronics, SK hynix and SK Square led the rally.”

Top-cap Samsung Electronics surged 14.41 percent to close at 266,000 won, pushing its market capitalization above 1.5 quadrillion won and becoming the second Asian company to surpass the $1 trillion milestone after Taiwan Semiconductor Manufacturing Co.

SK hynix soared 10.64 percent to 1.6 million won, and AI investment firm SK Square jumped 9.89 percent to 1.1 million won.

Hanmi Semiconductor, a chip manufacturing company, rose 4.37 percent to 394,500 won, and LG Electronics vaulted 8.17 percent to 154,900 won.

However, shipbuilding and defense shares dropped. Major shipyard HD Hyundai Heavy Industries fell 4.71 percent to 648,000 won, and defense giant Hanwha Aerospace lost 2.18 percent to 1.4 million won.

Leading biotech firm Samsung Biologics declined 0.34 percent to 1.48 million won, and top mobile carrier SK Telecom backtracked 1.95 percent to 95,500 won.

The Korean won was quoted at 1,455.1 won against the U.S. dollar at 3:30 p.m., up 7.7 won from the previous session.

The quotation marks the highest since February 27, when the currency closed at 1,439.7 to the greenback.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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Why Deandre Ayton is pivotal to Lakers’ hopes against the Thunder

Can the Lakers beat the Thunder?

From Broderick Turner: Lakers center Deandre Ayton bounced across the court after practice Monday wearing all black, his chains swaying, his mood jovial as he approached the media to talk about his role in the Western Conference semifinals.

His spirits were high for what lies ahead for the Lakers as they prepared to face the best team in the NBA, the defending champion Oklahoma City Thunder.

Lakers coach JJ Redick said the play of his center “changes our ceiling the most.”

Simply put, Ayton’s high-level of play will be paramount for the Lakers when they begin the best-of-seven series Tuesday night in Oklahoma City.

“Everything has been pretty solid, just staying in my role and just doing more in my role,” Ayton said. “This is the playoffs, so everybody can do more, everybody has another level. And this is the second round coming in, so I think we all deserve that little bit of increase of confidence from what we’ve done so far and the outcome from the adversity we’ve faced.

“I feel like that’s where we are right now and I think that’s what’s motivating me, as well, coming into these games. Just seeing, listening and being dialed in and seeing the results of it.”

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NBA playoffs schedule

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Lakers playoff schedule

Second round
All times Pacific

Tuesday at Oklahoma City, 5:30 p.m., NBC/Peacock
Thursday at Oklahoma City, 6:30 p.m., Prime Video
Saturday at Lakers, 5:30 p.m., ABC
Monday at Lakers, 7:30 p.m., Prime Video
*Wed., May 13 at Oklahoma City, TBD
*Saturday, May 16 at Lakers, TBD
*Monday, May 18 at Oklahoma City, TBD

*-if necessary

Dodgers win, but Ohtani is slumping

From Maddie Lee: It was the perfect time for Shohei Ohtani to step up to the plate. The Dodgers’ offense was rolling again, ready to make a statement with a third-inning rally against the Astros. They loaded the bases and turned over the batting order.

Then Ohtani chased a sinker off the plate and chopped a slow bouncer to Astros third baseman Isaac Paredes, giving Paredes an easy play at second. A far departure from the eye-popping exit velocities that Ohtani’s swing usually produces, the run-scoring grounder was soft enough to avoid a double play.

In the Dodgers’ 8-3 win Monday against the Astros, Ohtani’s hitless streak stretched to five games, his longest such skid since 2022, when he also went five games without a hit (May 24-28).

Manager Dave Roberts had planned to have Ohtani pitch and hit Tuesday. But during Monday’s game, he decided to change course. Ohtani will just pitch Tuesday.

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How a former top Dodgers prospect became an advisor to four U.S. presidents

Dodgers box score

MLB standings

Angels lose again

Munetaka Murakami hit his 14th homer and Miguel Vargas also went deep as the Chicago White Sox beat the Angels 6-0 Monday night.

Murakami’s two-run blast in the fourth inning kept the Japanese rookie tied with New York Yankees slugger Aaron Judge for the major league lead in home runs. Murakami also hit his first double of the season in the sixth, singled and scored in the eighth, finishing three for four with two RBIs and three runs scored.

Davis Martin gave up five hits in seven shutout innings, with 10 strikeouts and no walks. He improved to 5-1 and lowered his ERA to 1.64. The right-hander escaped his only jam in the seventh, getting Josh Lowe to fly to deep center with runners on first and third.

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Angels box score

MLB standings

Ducks lose Game 1 to Vegas

From Kevin Baxter: T-Mobile Arena sits just off the Las Vegas Strip, not far from a faux Manhattan skyline, a pyramid and a casino made to look like a castle.

The line separating illusion from reality can be a thin one in Sin City, where the Ducks opened the second round of the playoffs Monday intent on proving their first-round victory over the Edmonton Oilers was more than a facade. It didn’t go well, with Brett Howden’s goal early in the second period and Ivan Barbashev’s tiebreaking tally late in the third period giving the Vegas Golden Knights a 3-1 victory in the best-of-seven series.

Mitch Marner added an empty-net goal with six seconds to play to end any hope of a Ducks comeback. Mikael Granlund scored for the Ducks with six minutes left in the game.

But the game turned on what the Ducks thought was a missed icing call just ahead of Barbashev’s goal, which came 65 seconds after Granlund tied the score.

“Clearly I disagreed with the call. Clearly it was icing,” Ducks coach Joel Quenneville said. “That was the play for me. We had just scored. It was a huge call. And an easy call.”

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Ducks summary

NHL playoffs schedule

Ducks playoffs schedule

Second round
All times Pacific

Monday at Vegas, 6:30 p.m, ESPN
Wednesday at Vegas, 6:30 p.m., TNT, truTV, HBO MAX
Friday at Ducks, 6:30 p.m., TNT, truTV, HBO MAX
Sunday at Ducks, 6:30 p.m., ESPN
*Tuesday, May 12 at Vegas, TBD, ESPN
*Thursday, May 14 at Ducks, TBD, TNT, truTV, HBO MAX
*Saturday, May 16 at Vegas, TBA, ABC or ESPN

*-if necessary

This day in sports history

1908 — 34th Kentucky Derby: Arthur Pickens aboard 66-1 chance Stone Street wins in muddy track conditions; 2:15.20 slowest Derby in history.

1934 — Cavalcade wins the Kentucky Derby by more than three lengths over Discovery. It’s his third victory in less than two weeks.

1951 — 77th Kentucky Derby: Conn McCreary aboard Count Turf wins in 2:02.6.

1966 — The Montreal Canadiens beat the Detroit Red Wings 3-2 to win the Stanley Cup in six games.

1969 — The Boston Celtics beat the Lakers 107-102 in the seventh game to win the NBA championship for the 10th time in 11 years. Player-coach Bill Russell and Sam Jones retire as players.

1969 — Milwaukee Bucks sign #1 NBA Draft pick, star UCLA center Lew Alcindor.

1973 — Secretariat, ridden by Ron Turcotte, wins the Kentucky Derby with a record time of 1:59.2. Secretariat beats Sham by 2½ lengths and goes on to win the Triple Crown.

1990 — 116th Kentucky Derby: Craig Perret aboard Unbridled wins in 2:02.

1993 — Canisius beats Niagara 11-1 in softball to set an NCAA Division I record with 34 straight wins.

2001 — Monarchos wins the Kentucky Derby carrying Jorge Chavez across the finish line in 1:59 4-5, only two-fifths of a second off the track record set by Secretariat en route to the Triple Crown in 1973. Monarchos finishes a dominating 4¾ lengths over Invisible Ink.

2007 — Street Sense, ridden by Calvin Borel, roars from next-to-last in a 20-horse field to win the Kentucky Derby by 2 1-2 lengths over Hard Spun.

2007 — Floyd Mayweather Jr. beats Oscar De La Hoya in one of the richest fights. Mayweather, with superb defensive skills and superior speed, wins a 12-round split decision and the WBC 154-pound title in his first fight at that weight. The sellout crowd of 16,200 at the MGM Grand Garden in Las Vegas sets a record $19 million gate.

2012 — I’ll Have Another catches Bodemeister down the stretch and pulls away in the final furlong to win the Kentucky Derby. Jockey Mario Gutierrez, riding in his first Derby, guides the 3-year-old colt to a 1½-length victory in front of a Derby-record crowd of 165,307.

2012 — English FA Cup Final, Wembley Stadium, London (89,102): Chelsea beats Liverpool, 2–1; Didier Drogba scores winner for Blues’ 7th title.

2013 — LeBron James is the overwhelming choice as the NBA’s Most Valuable Player. The Miami star gets 120 of 121 first-place votes, giving him the award for the fourth time.

2017 — Corey Perry scores 6:57 into the second overtime after the Ducks rally from a three-goal deficit in the final minutes of regulation, completing a spectacular 4-3 comeback win over the Edmonton Oilers. Rickard Rakell scores the tying goal with 15 seconds left in regulation to cap a stunning sequence of three goals in just over three minutes, all with goalie John Gibson pulled for an extra attacker.

2018 — Justify splashes through the slop to win the Kentucky Derby by 2½ lengths, becoming the first colt in 136 years to wear the roses after not racing as a 2-year-old. The colt that began his racing career in February improves to 4-0 and gives trainer Bob Baffert his fifth Derby victory. Jockey Mike Smith earns his second Derby victory as the 5-2 favorite in the field of 20.

Compiled by the Associated Press

This day in baseball history

1904 — Cy Young of the Red Sox pitched a perfect game against the Philadelphia Athletics, beating Rube Waddell 3-0. Having pitched nine hitless innings in two previous efforts, he ran his string of hitless innings to 18.

1917 — Ernie Koob of the St. Louis Browns pitched a no-hitter against the Chicago White Sox for a 1-0 win in St. Louis.

1925 — Manager Ty Cobb of the Detroit Tigers hit three homers, a double and two singles against the St. Louis Browns.

1925 — Shortstop Everett Scott of the New York Yankees was benched, ending his streak of 1,307 consecutive games played that started while playing for the Boston Red Sox. Scott, who gave way to Pee Wee Wanninger, had the longest playing streak before Lou Gehrig.

1933 — Pepper Martin of the St. Louis Cardinals hit for the cycle and scored four runs in a 5-3 win over the Philadelphia Phillies.

1939 — Sam Chapman of the Philadelphia Athletics hit for the cycle in a 10-5 win over the St. Louis Browns. Chapman completed the cycle with a single in the ninth.

1955 — Brooklyn Dodgers rookie Tom Lasorda makes his first major league start as he he throws three wild pitches in one inning, tying a major league record. After his pitching career, Lasorda will enjoy far more success as a Hall of Fame manager.

1962 — Bo Belinsky of the Los Angeles Angels beat the Baltimore Orioles 2-0 with a no-hitter at Dodger Stadium. Belinsky struck out nine and walked four.

1975 — The Oakland Athletics release pinch-runner Herb Washington, ending his unusual major league career. Curiously, Washington played in 105 major league games without batting, pitching, or fielding. He collected 31 stolen bases and scored 33 runs.

1978 — Pete Rose became the youngest and 14th player with 3,000 hits when he singled against Montreal’s Steve Rogers at Cincinnati’s Riverfront Stadium.

1980 — National League president Chub Feeney suspended Pittsburgh’s Bill Madlock for 15 days and fined him $5,000 for shoving his glove in the face of home plate umpire Gerry Crawford.

1999 — Colorado became the first team in 35 years and the third this century to score in every inning in a 13-6 win over the Chicago Cubs. The last time a team scored in all nine innings was also at Wrigley Field, when St. Louis beat the Cubs on Sept. 13, 1964.

2000 — St. Louis Cardinals first baseman Mark McGwire hits the longest home run in the 30-year history of Cinergy Field, but the 473-foot shot is not enough as Ken Griffey, Jr.’s home run leads the Cincinnati Reds past St. Louis, 3-2.

2003 — Matt Stairs of the Pittsburgh Pirates hits a home run off Houston Astros pitcher Wade Miller which is estimated at 461 feet, making it the longest in the history of Minute Maid Park.

2004 — Mike Piazza set a major league mark for homers as a catcher, hitting No. 352 in the New York Mets’ 8-2 victory over the San Francisco Giants.

2004 — Roger Clemens of the Houston Astros moves past Steve Carlton for second place on the strikeouts list with his 4,137th in Houston’s 6-2 win over the Pittsburgh Pirates.

2006 — At Citizens Bank Park, Omar Vizquel of the San Francisco Giants plays his 2,302nd game at shortstop, catching Cal Ripken, Jr. for third-most all time. Vizquel is now behind Hall of Famers Luis Aparicio (2,581) and Ozzie Smith (2,511). He will eventually pass both.

2015 — Bartolo Colon became the first pitcher in at least 100 years to beat the same opponent with seven different teams, stopping Baltimore once again and leading the New York Mets to a 3-2 win over the Orioles.

2018 — In pitching a perfect 9th inning in a 6-5 win against the Rangers, Craig Kimbrel of the Red Sox becomes the 29th man to record 300 saves. He is the youngest to reach the mark at 29 (Francisco Rodriguez was 31) and has needed the fewest games, 494 (Mariano Rivera had done so in 537 games) and save opportunities (330, compared to 335 for Joe Nathan) to do so.

Compiled by the Associated Press

Until next time…

That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.

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US sending envoys to Pakistan, raising hopes of talks with Iran’s Araghchi | US-Israel war on Iran News

Iranian Foreign Minister Abbas Araghchi arrives in Islamabad, but Tehran yet to commit to more talks with US delegation.

United States President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan as Iran’s foreign minister arrived in the country, raising hopes of new talks on ending the US-Israeli war on Iran amid a fragile ceasefire and growing tensions over control of the Hormuz Strait.

White House press secretary Karoline Leavitt said on Friday that US envoys would sit down with Abbas Araghchi, expressing hope that parties would “move the ball forward to a deal”, but it remained unclear whether the Iranian delegation had agreed to hold talks.

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Writing on X on Friday, Iran’s top diplomat had said he was off on a “timely tour of Islamabad, Muscat, and Moscow”, to coordinate on “bilateral matters”, with no specific mention of any intention to meet with US negotiators.

Trump expressed optimism over a potential deal, telling the news agency Reuters that Iran was “making an offer” aimed at satisfying US demands, which include ending its nuclear programme.

Earlier, US Defense Secretary Pete Hegseth said Iran had a chance to make a “good deal”. “Iran knows that they still have an open window to choose wisely … at the negotiating table,” he said, adding that all they had to do was “abandon a nuclear weapon in meaningful and verifiable ways”.

But two Pakistani government sources told Reuters that the Iranian foreign minister’s visit would be brief, focusing on Iran’s proposals for talks with the US, which mediator Pakistan would then convey to Washington.

Reporting from Tehran, Al Jazeera’s Ali Hashem said a “senior official” had “made it clear” to him that there would not be any US-Iran talks in Pakistan.

“These regional partners all have their own ideas on how to solve this deadlock, but for the moment, Iran has said it would not meet for a new round of talks,” he said.

Top negotiators from last round absent

Reports on Araghchi’s trip in Iranian state media made no mention of Mohammad Baqer Ghalibaf, the speaker of Iran’s parliament, who was the head of its delegation at talks with a US delegation earlier this month that ended with no breakthrough.

The Iranian parliament’s media office denied a report that Ghalibaf had resigned as head of Iran’s negotiating team, adding that there was no new round of talks scheduled yet, according to Reuters.

US Vice President JD Vance also participated in the first round of talks, but is not travelling to Pakistan on this occasion, though Leavitt said he remained “deeply involved” and was on “standby” to join if needed.

She said Trump decided to send Witkoff and Kushner to Pakistan “to hear the Iranians out”. “We’ve certainly seen some progress from the Iranian side in the last couple of days,” she maintained, without offering any further details.

Reporting from Washington, Al Jazeera’s Mike Hanna said there appeared to be a “graded process” in place, describing it as “an initial exploratory phase” that could lead to “higher-level engagement if negotiations deepen”.

A new round of talks had been expected to start on Tuesday but did not materialise, with Iran saying it was not yet ready to commit to attending.

Trump had unilaterally extended a two-week ceasefire on Tuesday to allow more time to reconvene the negotiators as the US continued its blockade on Iranian ports.

Iran says it will not stop blocking the Strait of Hormuz, a crucial maritime trade chokepoint, until Trump lifts his blockade. On Friday, the US applied more pressure on Tehran by freezing $344m in cryptocurrency assets in a bid to “systematically degrade Tehran’s ability to generate, move, and repatriate funds”.

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Trump extends ceasefire and hopes for ‘unified proposal’ | Newsfeed

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In a social media post, President Trump announced an extension of the ceasefire in the war on Iran, but with the US blockade still in place. Al Jazeera’s Alan Fisher says there are signs of movement as Trump shifts towards discussing a ‘unified proposal’.

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French Open: Carlos Alcaraz says test on wrist injury ‘crucial’ for hopes of defending title

“I’m trying to be very patient. But we are good and just waiting a little bit.

“We have a few tests in the next few days and then we will see how the injury is and what the next steps will be.”

The 22-year-old, who won clay-court titles in Monte Carle, Rome and Roland Garros and reached the final in Barcelona last season, could lose significant ground to Sinner in the rankings because of the injury.

Italian Sinner reclaimed the number one ranking this month after beating Alcaraz in the Monte Carlo final.

Alcaraz said: “I’d rather come back a little later but in great shape than come back early, rushing around, and unwell.

“God willing, I have a very long career ahead of me, many years, and pushing myself too hard at this Roland Garros could seriously harm me in future tournaments.

“Things happen in the professional world. You have to accept them. I need to recover really well if I don’t want it to affect me later on.”

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European Markets Fall as US–Iran Tensions Reignite and Peace Hopes Fade

European stock markets slipped on Monday as investor sentiment weakened amid renewed tensions between the United States and Iran. The downturn followed the seizure of an Iranian cargo ship by US forces and Tehran’s vow of retaliation, raising fears that a fragile ceasefire nearing its expiry may collapse.

The situation has been further complicated by Iran’s rejection of fresh peace talks and ongoing uncertainty over maritime security in the Strait of Hormuz, a critical global energy route.

Market Reaction

The pan-European STOXX 600 index declined by 0.8%, reflecting broad-based caution across financial markets. Major indices also moved lower, with Germany’s DAX down 1% and France’s CAC 40 falling 0.9%.

Losses were concentrated in sectors sensitive to geopolitical risk. Travel and leisure stocks led declines, followed by banking and automobile shares, which also came under pressure. In contrast, energy stocks rose as oil prices surged, reflecting concerns about supply disruptions.

Oil and Energy Impact

Crude oil prices jumped sharply, with Brent crude rising more than 5% to around $95 a barrel. The increase reflects heightened fears of disruption in the Strait of Hormuz, through which a significant portion of global energy trade passes.

Energy-dependent European economies remain particularly sensitive to price volatility, adding to investor caution across broader markets.

Geopolitical Tensions

Market sentiment shifted sharply from the previous week’s optimism, when easing signals from the Strait of Hormuz had briefly boosted equities. That optimism faded quickly after renewed maritime incidents and political escalation.

The United States and Iran continue to exchange accusations over ceasefire violations, while diplomatic efforts appear increasingly uncertain. The rejection of fresh negotiations by Iran and continued US pressure have added to concerns that the conflict could intensify further.

Outlook

Financial markets remain closely tied to developments in the Middle East. With the ceasefire approaching its expiration and no clear diplomatic breakthrough in sight, volatility is expected to persist.

Investors are likely to remain cautious until there is greater clarity on both maritime security in the Strait of Hormuz and the future of US–Iran relations.

With information from Reuters.

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NEWS ANALYSIS : Clinton Sees Chance to Win the Budget Battle : Politics: President hopes GOP proposals will cause a public backlash. That would pave way for a compromise.

Amid the din of battle over the federal budget, President Clinton summoned Democratic congressional leaders to the White House last week and gave them an unexpectedly upbeat message: With a little discipline and a little luck, they might win this fight yet.

“The Republicans are very disciplined and very good,” Clinton warned his war council around the Cabinet Room’s long mahogany table, according to people who were present. “But we’re making headway.”

Congress’ drive to cut the budget this spring was launched by triumphant GOP leaders, confident that they had a mandate from voters to slash government programs and shrink the federal budget deficit to zero.

But after three months of rhetorical battle, Clinton believes that he has begun to turn the Republicans’ issue around–into a major political opportunity for himself.

The budget battle is “the centerpiece” of Clinton’s work this year, said White House Chief of Staff Leon E. Panetta. “It will determine a lot about the priorities of the country; it will determine a lot about our economy in the future; it will determine a lot about the role of government.”

It will also determine a lot about how voters view Clinton as the election year of 1996 approaches. “It . . . will better define who the President of the United States is, and I think that’s helpful,” Panetta said in an interview.

Transforming budget-cutting from a liability into an asset would be a startling turnaround for a President whom Republicans succeeded in painting as a “tax-and-spend Democrat” only last year. But public opinion polls read raptly by White House aides suggest that the voters are moving Clinton’s way: An ABC News-Washington Post poll last week found that while respondents by a wide margin once trusted Congress over Clinton to deal with the deficit, the President has nearly closed the gap.

Clinton’s biting attacks on GOP plans to shrink Medicare, education and veterans programs have helped lift his approval rating in the poll to 51%, its highest level in a year.

White House strategists said they were not worried that the House Republicans passed their GOP budget plan last week, as was long expected. More important, they said, was that Clinton apparently succeeded with his threat to veto a GOP spending-cut bill, since the GOP leadership acknowledged that they probably wouldn’t have the votes to override a veto. It showed that the President can still make himself relevant.

Clinton is betting that House Speaker Newt Gingrich (R-Ga.) and other GOP leaders overestimated the public’s desire for cutting government–especially once the public realizes that the savings would come not only from unpopular programs, such as welfare and foreign aid, but also from middle-class benefits.

Political strategists note that Clinton’s argument may attract some swing voters–especially white women older than 35, one of the President’s critical demographic targets. Making up more than one-fourth of the electorate, they largely voted for Clinton in 1992, abandoned the Democrats in 1994–and could be key to his prospects in 1996.

At the same time, Clinton and his aides believe that they must eventually seek a budget compromise with the Republicans–if only to avoid the charge that the President has become irrelevant to the process of shrinking the government, a goal most voters still want.

“Preserver of the Big Government status quo is not a place you can end up in a fight this big,” one presidential adviser said.

So Clinton, Panetta and other aides have devised a two-part strategy to try to stop the GOP juggernaut and turn the budget battle to their advantage.

The first phase has been to shift the topic away from the deficit, force the public to confront the kind of cuts the Republicans want and paint the GOP as heartless vandals who would loot Medicare and student loans to give tax cuts to the wealthy.

“Less government? That’s not the issue. The issue is: Do you want your kids to go to college?” Labor Secretary Robert B. Reich said.

If that tactic works, and Republicans retreat from their proposed spending and tax cuts, then the Administration wants to sit down and try to negotiate a compromise, a budget “that might be nobody’s first choice but that is really quite a good budget,” said Alice Rivlin, director of the Office of Management and Budget.

But Clinton doesn’t want to begin those negotiations until “his leverage is at a peak,” Panetta said, meaning the President wants to continue whipping up public opposition to GOP budget cuts and threatening to veto a budget he doesn’t like, at least for a while.

“The Republicans are beginning the budget triage, amputations and decapitations, and for the moment the Democrats are happy to sit in the surgical theater and watch the blood flow,” said Ross K. Baker, an expert on Congress at Rutgers University.

Already, however, Panetta and other Administration officials have begun sending signals to Capitol Hill about the kind of deal Clinton might eventually want to make.

“Yes, we want additional deficit reduction,” Panetta said. “But in order to engage, the Republicans have to back off these huge tax cuts, they have to recognize that any Medicare or Medicaid savings have to be done in the context of [health care] reform, and they have to be willing to protect education as a key investment.” Almost everything else is “on the table,” he said.

One key concession the White House has quietly offered: Clinton is willing to drop most or all of his proposed $500-per-child tax credit–the core of his long-promised “middle-class tax cut”–if Congress agrees to make college tuition tax-deductible.

Those early signals suggest to some members of Congress, including some worried liberal Democrats, that Clinton may be willing to give up quite a lot–except for his major concerns on Medicare, Medicaid and education–for the chance to claim a victory.

When bargaining can begin in earnest depends mostly on the GOP’s tolerance for pain. Aides say Clinton will stay on the attack for at least three weeks as Republicans pass their budget resolutions and begin making decisions on the discretionary portion of the budget.

But White House officials hope that the solid Republican line will begin to fracture as members of Congress read the mood of their constituents. Some in Congress predict a turning point could come as early as the Memorial Day recess, which begins Saturday, but others warn that it might be September before negotiations start.

The White House strategy is not assured of success, of course. At least three problems loom:

First, Clinton has succeeded only partially in changing the focus of the debate from deficits to middle-class benefits. By a wide margin, the public still says it wants a balanced federal budget, with no deficit. The President’s dirty little secret is that he doesn’t think a balanced budget can be achieved in the foreseeable future at reasonable cost.

In fact, the public is inconsistent on these issues. Large majorities say they want to balance the budget, but equally large majorities say they are opposed to significant cuts in Medicare, Medicaid, student loans and other education programs.

Second, Democrats aren’t entirely unified behind Clinton’s strategy, which is why the President spent much of his meeting in the Cabinet Room last week appealing for more discipline.

Some strains were already evident in the closed-door session, participants said. House Minority Leader Richard A. Gephardt (D-Mo.) urged Clinton to give the Republicans no quarter, but Sen. John Kerry (D-Mass.) said: “It’s not enough to complain; we need to say where we go from here.”

Third, and most important, the Republicans may not cooperate. “Democrats have no standing to say anything about what we are doing in the House and the Senate,” House Budget Committee Chairman John R. Kasich (R-Ohio) said last week. Gingrich and Senate Majority Leader Bob Dole (R-Kan.) often disagree with each other, but they agree on one point: They don’t want Clinton to win credit for their hard work in fashioning a leaner federal budget. So they may be tempted to pass a budget bill of their own design and dare Clinton to veto it this fall.

That would lead to a messy confrontation that could require the federal government to halt routine operations until a solution is found.

“I don’t think anyone comes out a winner” in an impasse like that, Panetta said. “I don’t think the President wins; I don’t think Republicans or Democrats win.”

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Hopes grow for a breakthrough in US-Iran talks as Pakistan mediates | US-Israel war on Iran News

Pakistani officials are expecting a “major breakthrough” in talks between Iran and the United States on Tehran’s nuclear programme, sources have told Al Jazeera, as Islamabad steps up diplomatic efforts to end a war that has killed thousands of people.

The optimism on Wednesday came as a high-level Pakistani delegation, headed by Army Chief Asim Munir, arrived in Tehran to deliver a message from the US to the Iranian leadership, according to Iran’s Press TV broadcaster.

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He was received by Iran’s Foreign Minister Abbas Araghchi, who expressed gratitude for Pakistan’s “gracious hosting of dialogue”. According to Press TV, Munir is also seeking to lay the groundwork for a second round of talks between the US and Iran.

Al Jazeera’s Osama Bin Javaid, who has been covering the US-Iran talks, said Pakistani officials were expecting “a major breakthrough on the nuclear front” and that the delegates were continuing to relay messages back and forth between Washington and Tehran.

The central sticking point remains the duration of any enrichment freeze by Iran and the country’s stockpile of 440 kilogrammes of highly enriched uranium.

“We know that both sides are essentially stuck on between five years of no enrichment to 20 years of no enrichment. And there is a solution in the middle,” Bin Javaid said.

“There’s also talk about what Iran will do with the 440kg of nuclear-enriched material that it has in the country. There are multiple options – whether sending it abroad to a third party or bringing it down to either uranium in its natural form or up to 3 percent,” he said.

“According to these sources, there’s major headway that has been made, and they’re expecting that the Pakistanis are going to be able to convince Tehran,” he added.

Shuttle diplomacy

The shuttle diplomacy by Pakistan came after talks between the US and Iran in Islamabad ended over the weekend without an agreement to end the war. Mediators are pressing for a compromise on three main issues: Iran’s nuclear programme, control of the Strait of Hormuz – which Tehran has effectively closed, causing a surge in global oil prices – and compensation for wartime damages.

The conflict, launched by the US and Israel on February 28, has killed more than 3,000 people in Iran and triggered retaliatory attacks by Tehran on Gulf countries. It has also reignited a conflict between Israel and Hezbollah in Lebanon, where Israeli forces have killed more than 2,000 people since March 2.

A ceasefire between Tehran and Washington on April 8 has halted attacks in Iran and the Gulf, but strikes by Israeli forces on Lebanon have continued.

Separately on Wednesday, Pakistan’s Prime Minister Shehbaz Sharif also travelled to Saudi Arabia as part of a regional tour that also includes stops in Qatar and Turkiye. Al Jazeera’s Bin Javaid said Sharif’s tour was part of a “double-pronged strategy”.

“While the Iranians are speaking to the Pakistani military chief, the Pakistani prime minister and foreign minister are talking to the Saudis and the Qataris. The day after, they go to Turkiye,” he said, with the aim of neutralising any detractors to a deal

Bin Javaid said the detractors include elements in Tehran, in Washington, DC, and most of all, Israel, “which does not want a peace deal and wants a perpetual war in the region”.

‘Very close to over’

The diplomatic push appears bolstered by optimistic comments from US President Donald Trump, who said late on Tuesday that the world should brace for an “amazing two days” and the war on Iran is “very close to over”.

White House Press Secretary Karoline Leavitt later said that further negotiations would likely be held in Islamabad, calling Pakistan-mediated discussions “productive and ongoing”.

“We feel good about the prospects of a deal,” she said on Wednesday.

In Tehran, Iran’s Ministry of Foreign Affairs confirmed that exchanges with the US have continued since the end of the talks in Islamabad. Spokesman Esmaeil Baghaei said “several messages have been exchanged through Pakistan” and that Iranian “positions have been expressed in those exchanges”.

Tensions remain, however.

A US Navy blockade on Iranian ports – which began following the end of the talks – remains in effect in the Strait of Hormuz. The US Central Command claimed it has turned back nine vessels as of Wednesday.

Iran’s military has denounced the blockade as a violation of the April 8 ceasefire. Iran’s Fars News Agency separately reported that a sanctioned Iranian supertanker had crossed the Strait of Hormuz despite the blockade, though it gave no further details.

Ali Abdollahi, the commander of Iran’s joint military command, has also threatened to halt trade in the region if the US does not lift its blockade. He warned that Iran would retaliate by blocking trade through the Red Sea, along with the Gulf and the Sea of Oman.

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Oil prices fall as renewed hopes for peace talks feed a stock market rally

European stocks were mostly steady on Wednesday as investors weighed signals from Washington that a diplomatic breakthrough in the Iran war could be imminent.


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The pan-European Stoxx 600 had ticked down 0.1%, Germany’s Dax edged 0.11% higher and the FTSE 100 climbed 0.11%. The CAC 40 in France fell by a slightly greater margin, at 0.65%.

US President Donald Trump said fresh talks between Washington and Tehran “could be happening over the next two days” in Islamabad, signalling a possible diplomatic breakthrough, and added that the war was “very close to over” — despite continued uncertainty over key sticking points in negotiations.

Asian markets were broadly higher.

Japan’s Nikkei 225 gained 0.5%, South Korea’s Kospi jumped 3.0% and Hong Kong’s Hang Seng edged up 0.7%.

The Shanghai Composite added 0.2%, while Australia’s S&P/ASX 200 was little changed, up less than 0.1%.

On Wall Street, the S&P 500 added 1.2% to its gains from the previous day, and the index at the heart of many 401(k) accounts is now just 0.2% below its record set in January.

The Dow Jones Industrial Average rose 317 points, or 0.7%, while the Nasdaq Composite climbed 2%.

On Wednesday, benchmark US crude inched up by 1 cent to $91.29 a barrel.

Brent crude added 48 cents to $95.27, or less than 1%, after falling 4.6% the previous day. While that is still above its roughly $70 level from before the war began in late February, it remains well below the peak of $119.

Lower oil prices help reduce costs for businesses across the economy. However, some analysts noted that the war is still ongoing, warning that the optimism may prove unfounded.

“The counterintuitive decline in crude appears driven by growing hopes that a second round of peace talks between Washington and Tehran could soon materialise, after the first attempt fizzled out,” said Tim Waterer, chief market analyst at KCM Trade.

“Traders are clearly choosing to price in the possibility of de-escalation rather than the immediate reality of restricted flows,” he added.

Asian nations depend on access to the Strait of Hormuz, a narrow waterway that is the main route for crude oil produced in the Persian Gulf to reach customers worldwide. Disruptions there have kept oil off the global market, driving up prices.

Global inflation this year is expected to accelerate to 4.4% from 4.1% in 2025, according to the International Monetary Fund, which had previously forecast a slowdown to 3.8%.

The IMF also downgraded its forecast for global economic growth to 3.1% this year, from 3.3% projected in January.

Overall, the S&P 500 rose 81.14 points to 6,967.38. The Dow Jones Industrial Average gained 317.74 points to 48,535.99, while the Nasdaq Composite climbed 455.35 points to 23,639.08.

In the bond market, Treasury yields eased as falling oil prices reduced inflationary pressure. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Monday.

In currency trading, the US dollar edged up to 159.03 Japanese yen from 158.79 yen. The euro stood at $1.1780, down from $1.1797.

US stocks climbed to the brink of a record high on Tuesday, while oil prices eased as hopes grew that Washington and Tehran may resume talks to end their war.

The S&P 500 rose 1.2%, leaving it just 0.2% below its January peak. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq Composite jumped 2%, tracking broader global market gains.

Investors are betting that renewed diplomacy could prevent a prolonged surge in oil prices and inflation, allowing focus to return to corporate earnings.

Brent crude for June delivery fell 4.6% to $94.79, down from recent highs, though still above pre-war levels.

However, volatility remains high, with markets sensitive to developments around the Strait of Hormuz, a key route for global oil supply.

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Champions League: Arne Slot’s Alexander Isak gamble backfires as Liverpool’s silverware hopes end

Less than a year on from the day Liverpool won the Premier League title, Arne Slot’s side find themselves in a position where their season rests on qualifying for the Champions League.

For Slot, perhaps his future does too. There will be no silverware and the Dutchman has already said failing to have Champions League football next season would mean this would “definitely not be an acceptable season”.

This was Liverpool’s 17th defeat of the campaign but it came after arguably one of their better performances. Until Ousmane Dembele’s 72nd-minute strike for Paris St-Germain, Liverpool battled admirably against the champions of Europe.

“It was an intense match between two teams who played really good football,” said PSG head coach Luis Enrique.

For Liverpool, there is no shame in getting knocked out by this PSG side. Luis Enrique’s side are a joy to watch and play with confidence when in possession.

But the worry for Liverpool is they have gone backwards.

When these two sides met in the Champions League last 16 last season, PSG were the better side across the two legs but they needed a penalty shootout to knock Liverpool out.

This time around, they outclassed Slot’s side in Paris and, while there were spells on Tuesday night when Liverpool threatened, the final scoreline of 4-0 across two legs was fair.

“Of course we are very disappointed because I think there were parts of the second half where you could feel ‘if we could just score now, this could become a very special night’,” said Slot.

“But the future looks very bright for this team, for this club. We have showed we can compete with the champions of Europe in our stadium. To be the dominant team, not many teams can be dominant against PSG and create as many chances as we did,” he added.

At Anfield, Liverpool’s xG was 1.94 compared with the 0.18 at the Parc des Princes last week.

So there were positives to take, but there is still plenty to be done before they can be considered serious contenders on the European stage again.

After the match, Mohamed Salah waved goodbye to the Anfield crowd after playing his last game for Liverpool in the Champions League.

Now the question is whether Slot and Liverpool will be back in the Champions League next season.

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