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• Europe's STOXX 600 index reached a fourth consecutive record close on Friday, driven by strong technology stocks and positive corporate earnings. • The rally was supported by a surprising U.S. nonfarm payrolls report showing that the American economy shed jobs last month. • This soft labor data is significant because it reduces the perceived likelihood that the Federal Reserve will implement an interest rate hike in September.

• Indian stock markets saw a decline, with the Sensex falling over 500 points and the Nifty dropping below the 24,600 mark. • Sectoral performance was mixed; while Nifty IT rose 0.76% and Auto, Defence, and FMCG gained, the Energy sector fell 0.70% and Bajaj twins shares dropped up to 4%. • Global markets mirrored this volatility, with Japan's Nikkei 225 falling 0.76% and Australia's ASX 200 declining 0.31%.

• The BSE Sensex gained 400 points and the Nifty climbed above 24,600 on Wednesday, driven by positive global cues and strong Asian equity performance. • Market growth was supported by the Reserve Bank of India's (RBI) decision to keep key interest rates unchanged and an upward revision of the GDP forecast. • Key contributing factors included optimism over technology earnings, increased FII buying, lower crude oil prices, and hopes for the reopening of the Strait of Hormuz.

• The Stoxx 600 pan-European index has reached a record high, posting a 10% increase so far in 2026. • Growth is largely driven by the Euro Stoxx Banks index, which has returned 18% due to sector consolidation and strong performance from lenders like BNP Paribas, ABN Amro, and Mediobanca. • This surge is attributed to a resilient economy, modest loan impairments, stable net interest margins, and high market volatility benefiting investment banking operations.

• The Sensex rose 152 points and the Nifty closed above 24,600 on Wednesday, following a decision by the RBI MPC to maintain current interest rates. • Market gains were partially trimmed due to geopolitical tensions in West Asia and rising crude oil prices, though the RBI raised its GDP growth outlook for FY27. • Sector performance was mixed, with auto and realty stocks outperforming while IT shares experienced selling pressure.

Murdaugh, whose murder convictions were overturned due to clerk’s misconduct, will face trial againSign up for the Breaking News US newsletter email A US federal judge has thrown out a lawsuit by Alex Murdaugh seeking $600,000 in legal fees from the former court clerk whose misconduct led to his murder convictions being overturned on appeal.Murdaugh sued Becky Hill in May, saying she violated his right to a fair trial over the deaths of his wife and son. Continue reading...

• The Indian stock market showed mixed performance, with the Nifty index dropping below 24,600 while the Sensex managed a modest gain of 100 points. • Sectoral declines were led by Nifty Realty (-1.48%), IT (-0.99%), and FMCG (-0.94%), with individual stocks like Grasim and Titan falling by up to 4%. • Gains were limited to Nifty Metal (+0.52%), Energy (+0.10%), and Defence (+0.02%), reflecting a volatile trading session across different industries.

• The BSE Sensex surged by over 600 points and the NSE Nifty50 climbed above 24,550, driven largely by a decline in global crude oil prices. • Market momentum is currently being shaped by a combination of corporate earnings reports, foreign investor activity, and key economic indicators. • Investors are closely monitoring external variables, including geopolitical tensions and the upcoming policy outcome from the Reserve Bank of India.

Wildfires in and around Spokane have stretched ability of federal and local agencies to fight blazesWildfires in eastern Washington state forced the evacuation of 60,000 people in the Spokane area while destroying at least 600 homes, businesses and other structures, authorities said on Sunday.The fires in and around Spokane, the state’s second largest city, burned about 8.2 sq miles (about 21 sq km), but they were among dozens across the western US that stretched the ability of federal, state and local agencies to fight them. A total of about 390 sq miles have burned across the state, and some of the fires, including those in the Spokane area, have not been contained. Continue reading...

• Amazon received approximately $600 million in tariff refunds for Q2 2026 following a February Supreme Court ruling against IEEPA tariffs. • The company plans to automatically refund eligible customers and utilize any remaining funds to lower product prices. • Other major retailers are seeing similar impacts, with Apple reporting a 5% (11 cents) boost to earnings per share and Costco pledging to return a portion of its rebates to consumers.

• Europe’s STOXX 600 index reached a new record high, driven primarily by strong performance in the technology sector. • Credit Agricole contributed to the upward momentum, with its shares rising 4.5% following the release of better-than-expected second-quarter earnings. • This surge reflects broader investor confidence in tech growth and the positive financial health of major European banking institutions.

• Indian equity markets rallied at the start of the week, with the Sensex opening up approximately 470 points (0.62%) to 76,530.15 and the Nifty rising to 23,825.25. • The positive momentum was signaled by the GIFT Nifty, which traded at 23,931, marking a 124-point increase. • This recovery follows a volatile week of selling pressure and is driven by improved investor sentiment after the US and Iran paused military strikes.

• The BSE Sensex surged over 600 points and the Nifty50 climbed above 23,900, reflecting a strong positive trend in the Indian stock market. • Market growth is being driven by a combination of quarterly earnings from heavyweight companies, banking stock performance, and shifts in large-cap valuations. • Investors are currently balancing these gains against risks including geopolitical developments, inflation concerns, and volatile oil prices affecting global trade routes.

Figures are source of dispute as US defense department days ago reduced record of troops killed and woundedThe Pentagon updated its official war casualty database over the weekend, adding more than 140 wounded service members. The Defense Casualty Analysis System (DCAS) also introduced a new casualty category labeled “Overseas Operations” for personnel killed and wounded “starting July 7”.According to the updated database, the official toll for the earlier phase of the US-Iran war, known as Operation Epic Fury, now stands at 14 service members killed and more than 400 wounded in action. Continue reading...

• Europe’s STOXX 600 index closed at a two-week high, reflecting a positive trend across major European equity markets. • The index's growth was significantly bolstered by a surge in shares for Randstad, a global human resources consulting firm. • This upward movement indicates renewed investor confidence in European stocks following a period of volatility.

The $3 purchase was authenticated as a rare piece from Chamberlain’s final NBA seasonAn Oregon teenager admitted “I got very, very lucky” after a basketball legend’s jacket he picked up at a thrift store for pocket change sold at auction for almost $90,000.Quinn Brown said he was in a Goodwill store in Portland in January when he saw somebody throw the bright yellow jacket into a clothing bin. Continue reading...

• Indian stock markets declined on Monday, with the Sensex slumping 600 points and the Nifty testing the 24,200 level. • The selloff was primarily driven by escalating Iran-US tensions and investor concerns over rising Brent crude oil prices. • Market performance was mixed across sectors, as Axis and HDFC Bank shares dropped while Tech Mahindra and Bharti Airtel saw gains.

• US stock markets declined sharply, with the Dow Jones Industrial Average falling over 578 points alongside slides in the Nasdaq and S&P 500. • The downturn was driven by surging oil prices and renewed geopolitical tensions between the U.S. and Iran, creating a volatile trading environment. • Investors are exercising caution due to uncertainty surrounding upcoming Federal Reserve minutes and fluctuations in Treasury yields and inflation expectations.

• Sky has agreed to acquire ITV's media and entertainment department in a major merger valued at £1.6 billion. • The deal aims to create a broadcasting titan capable of competing more effectively against global streaming giant Netflix. • Popular ITV Studios productions, including Love Island, Emmerdale, and I’m A Celebrity, are expected to remain largely unchanged.

Agency says drones had been caught across all 11 US host cities in restricted airspace since tournament beganMore than 600 drones flying over restricted World Cup airspace in the US have been seized since the tournament began in June, the FBI said on Saturday – including 99 captured flying in Miami, 77 in Atlanta and 32 in Kansas City.In a statement on X, the law enforcement agency said that drones had been caught across all 11 US host cities by FBI and the federal Department of Homeland Security (DHS). Continue reading...

• European stocks reached record highs this week, with both the STOXX 600 and Germany's DAX hitting all-time peaks. • The rally was driven by investor bets against imminent US rate hikes, easing inflation, and a balanced economic outlook in the Eurozone. • Cyclical stocks and defense shares saw significant gains, the latter fueled by ongoing geopolitical tensions.

• NASA has awarded nearly $600 million to three companies to execute four robotic lunar lander missions aimed at supporting the agency's long-term lunar base ambitions. • As part of the Moon Base update, NASA is studying the deployment of the PROMISE rover, an engineering model based on the Curiosity and Perseverance Mars rovers. • The PROMISE rover is designed for observation, mapping, and in-situ exploration of the lunar surface.

• The Europe Stoxx 600 index is positioned to achieve its most significant quarterly gain in more than five years, driven largely by a surge in artificial intelligence interest. • Technology stocks specifically rose 1.7 per cent, putting them on track for their strongest quarterly performance since October 2001. • This growth highlights the profound impact of the AI boom on European equity markets and investor sentiment toward tech-driven sectors.

• Five major hyperscalers—Amazon, Microsoft, Google, Meta, and Oracle—are projected to spend a combined $602 billion on capital expenditures by 2026. • This investment cycle represents the largest peacetime infrastructure boom in history, driving a surge in the construction of specialized hyperscale facilities. • The trend is creating opportunities for specialized contractors who offer more reasonable valuations than primary AI companies while benefiting from the buildout.

• The Indian benchmark indices rallied on Thursday, with the Sensex surging over 600 points and the Nifty approaching the 24,200 level. • The market jump was driven by a combination of softer crude oil prices, positive cues from Asian markets, and strong gains in the banking and auto sectors. • This recovery is significant as it eases immediate macroeconomic concerns, although investors remain cautious regarding global central bank signals.

Josue Baires Alfaro, 22, identified as victim in Nevada Fall incident that nearly claimed life of woman who tried to helpA 22-year-old visitor to Yosemite national park in California died after he was swept over a 594ft-high waterfall on Saturday, officials confirmed this week.A fellow parkgoer, Freesia Gaul, was capturing a photo when she noticed the man, reportedly identified by local authorities as Josue Baires Alfaro, in the Merced River. Continue reading...

• The Indian stock market saw a massive rally, with the Sensex zooming 1,700 points and the Nifty closing above 23,600, adding approximately Rs 10 lakh crore in market capitalization. • This surge was driven by a 2% increase in both indices, fueled by easing crude oil prices, hopes for US-Iran peace, a stronger rupee (gaining 72 paise to 95.13 against the USD), and a global rally in Asian, US, and European markets. • The rally reflects a broad-based recovery in investor sentiment, mirroring gains in the Nasdaq (3%) and Nikkei (3%), though analysts warn that geopolitical risks remain a concern.

• The Democratic Republic of Congo reported on Tuesday that confirmed Ebola cases have risen to nearly 600, prompting increased public awareness of safety measures. • Medical staff, humanitarian workers, and public health officials report a critical shortage of basic equipment necessary to prevent the disease from spreading. • The International Rescue Committee has issued an urgent call for funding to contain the outbreak, which is currently centered in Ituri province.