In this episode of Financial Services Online's Weekly Finance News Wrap, host Paige Estritori discusses recent positive developments in the Australian Securities Exchange, attributing the surge to the temporary trade truce between the US and China. The podcast also covers individual sectoral advances, including those in travel, consumer goods and pharma stocks. The influence of artificial intelligence (AI) in financial advice is explored, with a particular focus on its potential usefulness for Australian advisory businesses. Regulation also features strongly, as ASIC's action against Macquarie Securities for alleged misleading conduct in short sale reporting is examined. Finally, the episode concludes with the acknowledgment of the Dow Jones and Nasdaq US stock market indices' substantial growth, driven predominantly by an agreement between the US and China over sea-sailing tariffs.