Wall Street closes broadly higher as tech leads, oil slides and gold firms, with Apple the notable laggard
Executive summary: U.S. equities finished sharply higher, led by the Nasdaq Composite and S&P 500, as megacap tech, semiconductors and cyclicals helped power a broad advance. Microsoft, Amazon, Nvidia and Tesla all posted solid gains, while Apple and parts of the AI chip complex lagged. Falling WTI crude, a stronger gold tape and a weaker USD/JPY added to the cross-asset picture, suggesting investors leaned into growth and rate-sensitive exposures while rotating away from some energy and crypto-linked risk. [Continue Reading]
360LiveNews Markets Intelligence | 03 Aug 2026 21:15 LONDON
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Day News Recap: Kyiv hit by deadly strikes as Iran tensions, Gaza talks and Europe’s crises deepen
Russian missile and drone strikes on Kyiv killed at least nine people and injured 28 more overnight, with rescue work still under way as officials searched for survivors in the capital. 🔗The war in Ukraine also widened beyond Kyiv, with Russia saying it struck fuel storage in Odesa and a tugboat in Mykolaiv, while Poland summoned the Russian ambassador after confirming a missile landed in Tarnawa Kolonia in the Lublin region. 🔗 🔗Tensions around Iran rose sharply after renewed US and Iranian strikes ended a brief pause in hostilities, with Washington and Tehran trading threats and warnings of wider escalation.... [Continue Reading]
360LiveNews Recap | 01 Aug 2026 18:23 LONDON
Breakfast News Recap: Middle East tensions flare as Kyiv hit, Gaza deal stalls and markets watch risk
Renewed strikes between the United States and Iran have ended a brief pause in hostilities and raised the risk of a wider regional escalation, with reports also saying Washington and Israel are preparing a major bombing campaign against Iran's energy infrastructure and that the timing could come as soon as the weekend. Donald Trump has separately threatened to bomb Iran's Pickaxe Mountain site, while a tanker was struck by an unknown projectile near Oman close to the Strait of Hormuz, underlining the danger to shipping. 🔗 🔗 🔗 🔗In Gaza, the political track remains fragile. Hamas said it had agreed... [Continue Reading]
360LiveNews Recap | 01 Aug 2026 08:36 LONDON
Migrant worker killed in south Kashmir shooting in Kulgam district
At least one migrant worker was killed and another was injured on Friday after suspected terrorists opened fire on two non-local labourers in Kilam village in south Kashmir's Kulgam district. Police said the shooting is being treated as a developing terror attack. The identities of the victims have not yet been released.According to police officials, the attack took place in Kilam village, in an area of south Kashmir that has seen repeated security incidents in recent years. The injured worker was taken for treatment, but no further details were immediately available on his condition. Authorities have not yet said how... [Continue Reading]
360LiveNews | 31 Jul 2026 17:01 LONDON
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Rare EF3 tornado and meteotsunami hit Wisconsin
A rare and powerful tornado struck north-east Wisconsin on Monday, damaging homes and leaving a 12-mile path of destruction through parts of Appleton and Menasha. The storm lasted 26 minutes before dissipating over Lake Winnebago. In the same weather episode, a meteotsunami was reported on the lake, causing unusual swings in water level.The US National Weather Service classified the tornado as an EF3, which made it the fourth tornado of that strength to hit Wisconsin in 2026. The agency said EF3 tornadoes are relatively rare in north-east Wisconsin, and the total for this year is already the state's highest since... [Continue Reading]
360LiveNews | 31 Jul 2026 09:59 LONDON
CXMT stock market debut highlights China memory-chip push amid AI-driven shortages
China's CXMT has become mainland China's most valuable listed company after a stock market debut on Monday, in a development that underscores Beijing's push to build a more self-sufficient semiconductor industry. The memory-chip maker is seeking to expand production at a time when global demand for chips used in artificial intelligence data centres is tightening supply for consumer devices. The company's rise also reflects how shortages in one part of the technology market are feeding through to higher costs elsewhere.The company was valued at more than US$500 billion, or about $717 billion, in the debut, according to the supplied report.... [Continue Reading]
360LiveNews | 30 Jul 2026 08:02 LONDON
