Geopolitical Tensions Escalate, Tech Rally Continues, Japan Data Misses

1. The US military launched new strikes against Iran, leading to Iranian retaliatory threats and a 1% rise in US crude futures to over $80/bbl.
2. US stock markets closed positively, led by significant gains in the technology and optical communication sectors, with the Nasdaq up 0.9%.
3. Japan reported a sharp decline in May core machinery orders (-12.4% MoM vs. -4.2% forecast), despite Nikkei futures showing a 1.05% gain in early trade.