In a U.N. speech, President Donald Trump threatened Iran with "annihilation," escalating tensions. The address underscored his hardline stance on Tehran.

Meanwhile, a GOP senator called for a probe into Donald Trump Jr., signaling intra-party scrutiny. The senator did not specify the scope of the investigation.

Separately, higher education institutions are looking to adapt amid shifting policies and pressures. The sector faces calls for reform and innovation.

The remarks come as markets watch geopolitical risks. The Wall Street Journal Markets reported on the developments.