Iranian state TV warned that if attacks on Lebanon do not cease, a ceasefire between Iran and the United States is highly likely to collapse.

Alphabet (GOOG.O) opened down 3.6%, its largest decline since March 26.

Beijing, June 2 — Vice President Han Zheng met UK Foreign Secretary Cooper in Beijing. Han said President Xi and Prime Minister Starmer agreed in January to develop a long-term, stable comprehensive strategic partnership and urged closer strategic communication to consolidate bilateral momentum, expand economic and people-to-people ties, and pursue multilateralism and global governance reform to boost stability and predictability. Cooper said the UK and China share broad common interests and cooperation potential in trade and investment, AI, green development and climate response, and the UK is willing to work with China to implement leaders' consensus through constructive dialogue and cooperation.