The disposition effect is the tendency of investors to sell assets that have gained value too early, while holding on to assets that have lost value for too long. It is one of the first and most studied patterns documented in behavioural finance. People are reluctant to make a loss real, so they keep losing positions hoping they recover, and they lock in small gains out of a desire to feel successful.

Israeli reports also say the cabinet directed the military to prepare for a possible new attack on Iran.

Angkor, near Siem Reap in northern Cambodia, was the capital of the Khmer Empire, which ruled much of mainland Southeast Asia between roughly the 9th and 15th centuries. At its height the city spread across about 3,000 square kilometres, making it the largest pre-industrial city on Earth by area. Its growth depended on water: huge reservoirs called barays, along with canals and embankments, stored monsoon rain and carried it to rice fields. That system let farmers harvest more than once a year and fed a very large population through the dry season. The temple complex of Angkor Wat, built in the early 12th century, is the best-known monument and still stands at the heart of the park.