Slumps

• The U.S. Supreme Court's job approval rating has plummeted to 33%, marking the lowest point in Gallup's 26-year tracking history. • This decline is part of a broader trend of institutional distrust, with average confidence in national institutions remaining below 30% for five consecutive years. • The slump reflects a significant erosion of public trust in the judiciary, coinciding with a period where national pride is also at a 25-year low.

• European stock markets rose following a decrease in geopolitical tensions between the United States and Iran. • A sharp slump in oil prices provided a boost to specific sectors that are highly sensitive to fuel costs. • Investors are now shifting their focus toward upcoming quarterly earnings reports from major US technology companies.

• The FTSE 100 index rose as investors reacted positively to the continued truce between the U.S. and Iran. • This market stability coincided with a slump in oil prices, influencing overall stock performance. • The trend highlights how geopolitical tensions and energy costs directly impact major UK equity indices.

• 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.

• Wall Street experienced a broad decline, with the Nasdaq Composite dropping 1.81%, the S&P 500 falling 1.14%, and the Dow Jones Industrial Average decreasing by 0.24%. • The market downturn was primarily driven by a deepening selloff in semiconductor stocks and a significant slump in Netflix shares. • This volatility highlights growing investor concern over the valuation of high-growth technology companies and the stability of the chip sector.

• The Indian stock market experienced a sharp crash, with the Sensex slumping 1,677 points and the Nifty falling over 450 points to end below 23,900. • The downturn was triggered by comments from Donald Trump claiming that the Memorandum of Understanding (MoU) with Iran is over and that he will no longer deal with the nation. • This volatility highlights the sensitivity of domestic markets to renewed US-Iran tensions and geopolitical instability.

• The Nasdaq Composite index fell more than 4.5% over the past week, driven by a significant sell-off in high-growth technology stocks. • The market downturn coincided with the release of critical inflation and economic growth data on Thursday, which influenced investor expectations. • These shifts are significant as they impact the outlook for future monetary policy and interest rate decisions by central banks.