(WASHINGTON) -- The Senate on Monday formally received President Donald Trump's nomination of Todd Blanche to serve as attorney general, teeing off what could be a potentially contentious confirmation battle.
This is a developing story. Please check back for updates.
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NEW YORK (AP) — Wall Street held steadier Monday and recovered some of its sell-off from last week, as stocks swept up in the artificial-intelligence boom bounced back. Oil prices, meanwhile, rose following fighting between Israel and Iran, but they pared their biggest gains.
The S&P 500 added 0.3%, coming off a drop of 2.6% from Friday that was its worst since October. The Dow Jones Industrial Average dipped 80 points, or 0.2%, and the Nasdaq composite climbed 0.9%.
Some of the best performers were companies that sell computer chips, memory and other products fueling the AI boom. They had plunged Friday amid worries that their prices had shot too high due to AI euphoria. Such worries dragged South Korea’s Kospi index down 8.3% early Monday, pummeling tech stocks there like Samsung Electronics and SK Hynix.
But prices recovered as trading moved westward through Europe to New York. Micron Technology rose 9.9% after sliding 13.3% Friday for the largest loss in the S&P 500. That resumed a run where its stock has more than tripled so far in 2026.
Marvell Technology climbed 9.6% in its first trading after S&P Dow Jones Indices said the semiconductor company’s stock has grown enough to join its widely followed S&P 500 index. Marvell’s stock has also more than tripled so far this year, aided by a 32.5% surge in one day last week. That was its best day since it began trading in 2000, and it came after Nvidia’s CEO, Jensen Huang, suggested at a conference in Taiwan that Marvell could be “the next trillion-dollar company.”
That such a comment could add billions of dollars to a company’s value in an instant suggests to critics that AI stocks are running too hot. Chip and memory companies are indeed reaping big growth in revenue and profit because of the AI boom, but their stock prices have been soaring at astounding speeds. A widely followed index of semiconductor stocks surged nearly 85% for the year so far through Thursday, for example.
Now, the question is whether Friday’s drop was the start of a downturn or just a pause that helps shake out excessive optimism.
Michael Wilson, a strategist at Morgan Stanley, is relatively optimistic. “Markets rarely move in a straight line at the pace seen since the March lows,” he wrote in a report. “In our view, a correction was inevitable and ultimately healthy if this bull market is going to extend into year-end” and pull the S&P 500 to his baseline target of 8,000. That would be an 8.3% rise from Friday’s close.
Corning climbed 5.6% after Amazon announced a multibillion dollar deal where Corning will produce optical fiber, cable and other products for its data centers across the country.
That helped offset a 0.9% dip for Campbell’s, which reported a stronger profit for the latest quarter than analysts expected but also a worse decline in revenue. The company’s stock is also set to drop out of the S&P 500 index when Marvell Technology’s stock joins it.
All told, the S&P 500 rose 21.99 points to 7,405.73. The Dow Jones Industrial Average dipped 80.77 to 50,786.01, and the Nasdaq composite gained 220.23 to 25,929.66.
In the oil market, prices jumped after Israel and Iran launched strikes against each other, threatening to drag the region back into full-scale war. The price for a barrel of Brent crude oil, the international standard, briefly topped $98 overnight.
But it later regressed after Israel and Iran appeared to back away from further strikes. Brent’s price settled at $94.25 per barrel, up 1.2% from Friday.
High oil prices caused by the war with Iran have already sent inflation higher, which increases not only bills for households but also yields in the bond market. High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments.
On Monday, Treasury yields ticked a bit higher following their jump on Friday. The yield on the 10-year Treasury edged up to 4.56% from 4.55%.
In stock markets abroad, indexes edged lower Europe following sharp losses in Asia.
Japan’s Nikkei 225 dropped 3.8%, while stocks fell 1.7% in Shanghai and 1.2% in Hong Kong.
UPSHUR COUNTY – Law enforcement officials broke up an unauthorized private party with over 60 minors in attendance on Sunday.
According our news partner KETK, and the Upshur County Precinct 1 Constable’s Office, social media posts were circulating promoting a party for minors that was supposed to happen off of Wren Road, in rural Upshur County on Sunday. The posts caused local law enforcement to be concerned that drugs or alcohol at the party.
Officers from the Upshur County Precinct 1 Constable’s Office, the Upshur County Sheriff’s Office, Texas Game Wardens and the Gregg County Sheriff’s Office went out to the party on Sunday and found more than 60 juveniles gathered at an unauthorized private property off of Wren Road.
They also discovered alcoholic beverages at the scene along with several juveniles who were apparently intoxicated. Drivers at the party were given Standardized Field Sobriety Tests and several minors were given citations for consumption of alcohol.
Law enforcement then dispersed the crowd of minors after they helped collect trash from the scene.
KILGORE – Authorities are reporting a pedestrian was killed on Monday morning at the CB Tire Shop in Kilgore after a truck left State Highway 135.
According our news partner KETK and the Kilgore Police Department, emergency services were sent out to the CB Tire Shop on Highway 135 at around 8:07 a.m. on Monday because of a reported pedestrian crash.
Upon arrival, first responders learned that a white 2024 Ford pickup truck was traveling south on State Highway 135 when the vehicle left the road and hit a pedestrian at the tire shop.
The pedestrian was pronounced dead at the scene following the crash. Kilgore PD said their preliminary findings show that the driver of the Ford had a medical emergency before their vehicle crashed off the road. Kilgore PD is still investigating this crash.
(NEW YORK) -- A 6.1-magnitude earthquake was recorded in the Gulf, about 118 kilometers west-northwest of Cuba.
The National Weather Service in Miami said the shaking -- which was initially reported as a 6.4-magnitude quake -- was felt across much of Florida.
There's no tsunami danger for the United States, the NWS said.
This is a developing story. Please check back for updates.
Copyright © 2026, ABC Audio. All rights reserved.
Ridley Scott and Hugh Jackman are taking on an adaptation of a classic novel.
Scott is set to direct Jackman in a new film adaptation of Treasure Island, ABC Audio has confirmed. Jackman will play the pirate Long John Silver in this new take on the Robert Louis Stevenson novel.
According to Deadline, Adolescence writer Jack Thorne wrote the film's script and will executive produce. Scott will also produce the film alongside Michael Pruss for the production company Scott Free.
There is currently no studio attached to the project, but it is set to hit the market on Monday, the outlet reports.
Treasure Island follows a young boy who discovers a map to a legendary buried treasure. He sets out on a journey across the sea to find the fortune, all the while finding himself in a battle of wits with the pirate Long John Silver.
This upcoming adaptation is described as a new take on Stevenson's classic, which was originally published in 1883.
Copyright © 2026, ABC Audio. All rights reserved.
NEW YORK (AP) — Wall Street is recovering some of its sell-off from Friday, as stocks swept up in the artificial-intelligence boom bounce back on Monday. Oil prices, meanwhile, are higher following fighting between Israel and Iran, but they have come off their peaks from overnight.
The S&P 500 rose 0.5%, coming off a drop of 2.6% from Friday that was its worst since October. The Dow Jones Industrial Average was down 35 points, or 0.1%, as of 1:03 p.m. Eastern time, and the Nasdaq composite was 1.1% higher.
Some of the best performers were companies that sell computer chips, memory and other products fueling the AI boom. They had plunged Friday amid worries that their prices had shot too high due to AI euphoria. Such worries dragged South Korea’s Kospi index down 8.3% early Monday, pummeling tech stocks there like Samsung Electronics and SK Hynix.
But prices recovered as trading moved westward through Europe to New York. Micron Technology rose 9.8% after sliding 13.3% Friday for the largest loss in the S&P 500. That resumed a run where its stock has more than tripled so far in 2026.
Marvell Technology climbed 12.7% in its first trading after S&P Dow Jones Indices said the semiconductor company’s stock has grown enough to join its widely followed S&P 500 index. Marvell’s stock has also more than tripled so far this year, aided by a 32.5% surge in one day last week. That was its best day since it began trading in 2000, and it came after Nvidia’s CEO, Jensen Huang, suggested at a conference in Taiwan that Marvell could be “the next trillion-dollar company.”
That such a comment could add billions of dollars to a company’s value in an instant suggests to critics that AI stocks are running too hot. Chip and memory companies are indeed reaping big growth in revenue and profit because of the AI boom, but their stock prices have been soaring at astounding speeds. A widely followed index of semiconductor stocks surged nearly 85% for the year so far through Thursday, for example.
Now, the question is whether Friday’s drop is the start of a downturn or just a pause that shakes out excessive optimism.
Michael Wilson, a strategist at Morgan Stanley, is relatively optimistic. “Markets rarely move in a straight line at the pace seen since the March lows,” he wrote in a report. “In our view, a correction was inevitable and ultimately healthy if this bull market is going to extend into year-end” and pull the S&P 500 to his baseline target of 8,000. That would be an 8.3% rise from Friday’s close.
Corning climbed 6% after Amazon announced a multibillion dollar deal where Corning will produce optical fiber, cable and other products for its data centers across the country.
That helped offset a 0.6% dip for Campbell’s, which reported a stronger profit for the latest quarter than analysts expected but also a worse decline in revenue. The company’s stock is also set to drop out of the S&P 500 index when Marvell Technology’s stock joins it.
In the oil market, prices jumped after Israel and Iran launched strikes against each other, threatening to drag the region back into full-scale war. The price for a barrel of Brent crude oil, the international standard, briefly topped $98 overnight.
But it later eased back after the Iranian military said that it was halting offensive operations. Brent’s price was most recently at $94.31 per barrel, up 1.3% from Friday.
High oil prices caused by the war with Iran have already sent inflation higher, which increases not only bills for households but also yields in the bond market. High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments.
On Monday, Treasury yields held mostly steady following a jump on Friday. The yield on the 10-year Treasury rose to 4.56% from 4.55% late Friday.
In stock markets abroad, indexes edged lower Europe following sharp losses in Asia.
Japan’s Nikkei 225 dropped 3.8% after the Japanese government revised the country’s annualized economic growth rate to 1.8% for the first quarter this year, down from an earlier estimate of 2.1%.
Stocks also fell 1.7% in Shanghai and 1.2% in Hong Kong.
Tyler – Habitat for Humanity of Smith County is pleased to announce the naming of it’s new Chief Development Officer. He is Tyler-native and veteran communications specialist Mike Landess.
Mike has served on the Smith County Habitat Executive Board for the past 6 years and is a volunteer with their construction teams.
He and his wife, Maddie, moved back to Tyler in 2019 after his highly successful, multi-decade career in broadcast journalism. That career began here in Tyler as a high school senior.
AUSTIN (AP) — A lawyer who represented Texas Attorney General Ken Paxton for nearly a decade over accusations of corruption and securities fraud is supporting Democrat James Talarico — and not his former client — in one of the biggest U.S. Senate races.
Talarico on Monday drew attention to his campaign winning the endorsement of Houston attorney Dan Cogdell, who was part of Paxton’s defense team during the Republican’s historic impeachment trial in 2023 that ended in acquittal.
The legal troubles that shadowed Paxton in public office in Texas are a central attack line of Talarico’s campaign, though in his endorsement, Cogdell didn’t cite concerns about his client’s past.
Cogdell said he didn’t dislike Paxton as a person and felt that Texas lawmakers were right to eventually acquit the attorney general. But as a politician, Cogdell said, Paxton is too focused on appeasing President Donald Trump.
“I worked my ass off for the man for nine years,” Cogdell said in an interview with The Associated Press. “But that’s a different inquiry, my obligation to Ken ended at the courthouse steps and my obligation as a citizen is to do what I think is the right thing.”
Cogdell said Texas needs a lot of work, pointing to education and health care, “and to simply bootlick or rubber stamp Trump, that’s not what we need in D.C. right now.” He also recently spoke to Talarico at length on Cogdell’s podcast.
Asked for comment, an aide to Paxton’s campaign said Cogdell is a Democrat and called the endorsement unsurprising.
The lead defense attorney in Paxton’s impeachment trial, Tony Buzbee, reiterated that on X. Buzbee added that he was supporting Paxton in the race.
Cogdell said he’s a registered Democrat, but considers himself a moderate, and has voted and donated more to Republicans than Democrats.
Talarico has given Democrats hope of flipping the statewide seat in Texas blue as the party scrambles to retake control of the U.S. Senate in November.
Paxton’s insurgent campaign beat Sen. John Cornyn in the Republican Senate primary runoff last month, helped by a Trump endorsement in the final days of the race.
Production has officially started on the Beach Read film adaptation.
Director Yulin Kuang made the announcement in an Instagram post Monday. The photo features stars Phoebe Dynevor and Patrick Schwarzenegger in costume and on the set of the film.
"a crumb of bts from the BEACH READ camera test for you, dear reader .. can’t wait to show what we’ve been cooking up," Kuang captioned her post.
Kuang also announced the film's release date, which will be May 7, 2027.
"filming has officially commenced," she wrote. "see you only in theaters on May 7, 2027."
Beach Read follows the character January Andrews, a romance novelist who struggles with writer's block due to her grief after the death of her father and her discovery of the secrets he kept.
January spends the summer at her father's Michigan beach house as she prepares to sell it. While there, she reconnects with Gus Everett, a fellow author and her formal college rival. The pair spark an unexpected romance after they agree to partake in a writing challenge to get them out of their respective writing ruts.
Joining Dynevor and Schwarzenegger as part of the film's cast are Andie MacDowell, Kevin Bacon, Kristin Davis and Tig Notaro. Kuang, who co-wrote the Netflix film adaptation of author Emily Henry's novel People We Meet on Vacation, directs Beach Read for 20th Century Studios from her own script.
This is the latest adaptation of one Henry's works, following the release of People We Meet on Vacation in January. Three of her other novels — Book Lovers, Funny Story and Happy Place — are also currently being adapted for the screen.
Disney is the parent company of ABC News and 20th Century Studios.
Copyright © 2026, ABC Audio. All rights reserved.
We now have our first look at the dog who's going to solve that mystery.
Netflix has revealed that for the first time in the history of the franchise, the character of Scooby-Doo is being portrayed by a real dog in its upcoming live-action series Scooby-Doo: Origins. Production on the series is currently in process in Atlanta, Georgia, with its premiere set for 2027.
"SCOOBY IS FINALLY REAL!!! Meet our goodest boy in Scooby-Doo: Origins, coming to Netflix in 2027," the streaming service posted to Instagram on Monday.
Scooby-Doo: Origins' previously announced main cast includes Mckenna Grace as Daphne Blake, Tanner Hagen as Shaggy Rogers, Abby Ryder Fortson as Velma Dinkley and Maxwell Jenkins as Fred Jones. Additionally, Paul Walter Hauser has been cast as a series regular, although the specific role he will play has not been unveiled.
Scooby-Doo: Origins "will uncover how this mystery-solving crew, and their beloved dog, first teamed up to crack the haunting case that started it all," according to the streamer.
Josh Appelbaum and Scott Rosenberg will serve as the show's writers, executive producers and showrunners. According to Netflix, the show will be a modern reimagining of the Scooby-Doo gang's origin story.
"During their final summer at camp, old friends Shaggy and Daphne get embroiled in a haunting mystery surrounding a lonely lost Great Dane puppy that may have been a witness to a supernatural murder," according to the show's official synopsis. "Together with the pragmatic and scientific townie, Velma, and the strange, but ever so handsome new kid, Freddy, they set out to solve the case that is pulling each of them into a creepy nightmare that threatens to expose all of their secrets."
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(WINNFIELD, La.) -- A Georgian immigrant who officials said died last week in Immigrant and Customs Enforcement custody is the 50th person to die in ICE detention during the second Trump administration.
Mamuka Artmeladze, 43, died on June 4 at the Winn Correctional Center in Louisiana, according to an agency notification sent to lawmakers.
In the notification, ICE officials said that Artmeladze was found unresponsive and was transported to a local medical center.
"Despite lifesaving efforts, at approximately 11:22 p.m., an onsite physician at Winn Parish Medical Center pronounced Artmeladze deceased," ICE said. "His official cause of death is currently pending an autopsy."
ICE said that Artmeladze was taken into custody in February in New Orleans during an operation "targeting commercial vehicle drivers who posed public safety risks."
"ICE took him into custody after officials determined he had no lawful status to remain in the United States," the agency said.
The increase in ICE deaths comes amid scrutiny from lawmakers and immigrant advocates about the conditions at detention centers during the Trump administration's ongoing immigration crackdown.
According to an ABC News analysis of Immigration and Customs Enforcement data and the number of detainee deaths provided to Congress from ICE, the first 14 months of the second Trump administration represent the most deadly period for the federal detention system in recent years -- with the exception of 2020, when the coronavirus pandemic contributed to detention deaths.
Last week, ICE ended a policy that required the agency to report the deaths of former detainees that occurred within 30 days of their release from federal custody.
The policy, issued during the Biden administration, directed the agency to review and report all detainee fatalities, including those that occurred up to a month following release.
Copyright © 2026, ABC Audio. All rights reserved.
(PHILADELPHIA) -- Officials at Penn State University said they're "heartbroken" after a student was shot and killed about one block from his home in Philadelphia.
William Schmidt, 22, was shot at about 1:30 a.m. Saturday and officers found him lying in the road with a gunshot wound to his chest, according to Philadelphia police.
Schmidt was taken to a hospital where he was pronounced dead at 1:47 a.m., police said.
Authorities have not announced any arrests or any motive.
Schmidt was studying digital journalism and media at Penn State World Campus, the university said.
"We are heartbroken over the tragic death of William Schmidt, and we share our deepest condolences with his family and friends," a Penn State spokesperson said in a statement.
Police urge anyone with information to call the homicide unit at 215-686-3334 or submit an anonymous tip at 215-686-TIPS.
Copyright © 2026, ABC Audio. All rights reserved.
(NEW YORK) -- With President Donald Trump expected to attend Game 3 of the NBA Finals between the Knicks and Spurs on Monday night, the New York Police Department and the Secret Service say they are planning to put Madison Square Garden on "lockdown."
During a news conference Monday morning, NYPD Commissioner Jessica Tisch said police officers will establish a block-to-two-block-radius security perimeter around the Midtown Manhattan arena, canceling a fan watch party that was set to occur outside the venue.
"I think New Yorkers are used to presidents coming to town, and that they understand that that generally means lockdown of areas, and that's what you're going to see tonight at the Garden," Tisch said.
Beginning at 4 p.m. ET, four-and-a-half hours before the start of the game, police will start blocking off streets and avenues around Madison Square Garden, creating a security frozen zone, according to Tisch.
"No one will be allowed inside the secured area unless they have a ticket to the game, a train ticket, they are going to a business inside the area, they have credentials, or they have some other authorized reason to be there," she said.
Tisch said no one will be allowed in the secured area with a backpack unless they are going to nearby Pennsylvania Station to catch a train.
Matt McCool, special agent in charge of the U.S. Secret Service Field Office in New York, advised ticketed fans to arrive at the Garden two hours before game time to ensure they make it through the "multiple layers" of security, including magnetometers, in time for the 8:30 p.m. ET tipoff.
In coordination with the Secret Service, Tisch said a decision was made to cancel Monday night's fan watch party outside of Madison Square Garden due to Trump attending the game.
But Tisch said other watch parties are scheduled for Monday night, including one hosted by New York Mayor Zohran Mamdani at Bryant Park, about a mile east of the Garden.
Mamdani said last week that he also plans to be at the Garden for Game 3.
Tisch said the watch party outside the Garden will resume for Game 4 on Wednesday night.
'Heightened risk' for malicious actors
The return of the NBA Finals to New York comes with a "heightened risk of attention by malicious actors across the ideological spectrum," according to a New York Police Department assessment obtained by ABC News.
Those malicious actors "may use high-profile sporting events as an attractive opportunity for targeted violence or disruption," the document said.
The Knicks are set to host their first NBA Finals in 27 years on Monday night.
The Knicks lead the series two games to none over the San Antonio Spurs in New York's quest to win its first NBA championship since 1973.
Commissioner issues warning
Thousands of Knicks fans gathered outside Madison Square Garden on Friday night to watch Game 2 of the NBA Finals, which was played in San Antonio.
But celebrations after the Knicks' victory led to multiple arrests and an injured police officer, according to the NYPD.
The NYPD said the crowd became increasingly disorderly throughout the evening. Officers made an arrest for assault and for individuals climbing light poles before the game ended.
Following the Knicks' victory, police said multiple people refused orders to leave the area, blocked traffic along Seventh and Eighth Avenues from West 31st Street to West 35th Street, and climbed onto food vendor carts, light poles and subway entrances.
According to police, one person jumped over a barrier into a restricted area. When an officer attempted to remove the individual, the person allegedly punched the officer in the face multiple times, causing lacerations that required medical treatment. The officer was later treated and released.
Police also arrested several people accused of selling counterfeit merchandise. One of those individuals faces an additional charge of possessing a loaded firearm, according to the NYPD.
In total, 26 people were taken into custody on Friday. Police said 17 people were arrested and charged, while nine others were issued criminal court summonses for disorderly conduct and released.
NYPD Commissioner Tisch has warned fans to be on better behavior for this week's games in New York.
"We will have no tolerance for violence, particularly violence against police officers, destruction of property, climbing on light poles or structures, blocking emergency vehicles or other chaotic behavior," Tisch said.
Copyright © 2026, ABC Audio. All rights reserved.
SANTO DOMINGO, Dominican Republic (AP) — A pilot and co-pilot from the United States have died in a fiery plane crash as they attempted an emergency landing in the Dominican Republic, authorities said.
The incident occurred Sunday near the southern coastal town of La Romana, according to a statement by the Dominican Institute of Civil Aviation, which identified the pilot and co-pilot as U.S. citizens. It wasn’t immediately known what caused the crash. No passengers were aboard.
MLB All-Star former catcher Yadier Molina said on social media that the plane was bound for Texas to pick him up, along with family and friends.
“My condolences to the pilots and their family!” he wrote. Molina and his group were headed to Puerto Rico.
Officials said the plane had departed from Puerto Rico and landed in the Dominican Republic to refuel before heading to Texas.
The pilot and co-pilot reported an emergency shortly after taking off from the Dominican Republic, authorities said.
