How the Surge in Listings Threatens Historic Stock Rally

A.M. Edition for July 16. President Trump mulls a further escalation of the war in Iran. That could include more airstrikes, targeting the fortified tunnel complex at nuclear site Pickaxe Mountain or sending in ground troops near the Strait of Hormuz. Plus, the U.S. slaps 25% tariffs on certain Brazilian goods, citing unfair trade practices, but excludes beef and coffee. And WSJ special writer Gregory Zuckerman debates whether the recent surge in IPOs and share listings is a sign of a market downturn. Daniel Bach hosts. Sign up for the WSJ’s free What’s News newsletter.