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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US tightens restrictions on Chinese robots and power inverters over security concerns
The Federal Communications Commission has moved to restrict new imports of Chinese-made humanoid robots, robot dogs and power inverters, citing cybersecurity and national-security risks. The rules took effect immediately and apply only to models that have not yet been authorised for sale in the United States. The action adds these products to the agency's list of equipment prohibited on national-security grounds.The FCC said the devices could create supply-chain vulnerabilities and disrupt US economic and national security if foreign actors were able to compromise or control them. Power inverters are used to connect solar panels, batteries and other electricity sources to... [Continue Reading]
360LiveNews | 29 Jul 2026 15:59 LONDON
