ARTICLE AD BOX
Britain's Prime Minister Keir Starmer speaks with US President Donald Trump arsenic they be the North Atlantic Council plenary gathering astatine the North Atlantic Treaty Organisation acme successful The Hague, Netherlands, connected June 25, 2025.
Ludovic Marin | Via Reuters
What a archetypal fractional of the twelvemonth it has been.
In the archetypal six months, the satellite saw a (not so) caller U.S. president successful the Oval Office, said president upend the planetary commercialized landscape, and a president successful South Korea removed from office.
Conflicts besides broke retired betwixt India and Pakistan, arsenic good arsenic Israel and Iran (along with a U.S. airstrike thrown into the mix.)
Chinese AI startup DeepSeek made its debut, stealing ChatGPT's thunder for a while, and elections took spot astir the world, including successful Germany, Australia, and adjacent close present successful sunny Singapore.
We mightiness conscionable person to telephone Billy Joel and get him to constitute a full caller mentation of "We Didn't Start the Fire."
Despite specified a rollercoaster thrust truthful far, marketplace investors, successful effect to astir developments, look to person adopted the U.K.'s mantra arsenic it prepared for warfare successful 1939: Keep calm and transportation on.
If we instrumentality a longer-term view, markets person delivered a respectable show contempt a volatile archetypal half. Just a fewer stats: the S&P 500 and Nasdaq Composite closed astatine caller all-time highs Monday and are up astir 5% twelvemonth to date.
In Europe, the Stoxx 600 is up 6.7%, and successful Asia, astir large markets are successful affirmative territory, with Hong Kong and South Korea posting a whopping 20% summation twelvemonth to date.
Keep calm and transportation connected into the 2nd fractional of the year, investors.
— Lim Hui Jie
What you request to cognize today
S&P and Nasdaq interaction caller highs. On Monday, the S&P 500 gained 0.52% and posted different grounds close, ending astatine 6,204.95, portion the Nasdaq Composite precocious 0.47% and reached a caller all-time precocious of 20,369.73. Asia-Pacific markets traded mixed Tuesday, with Japan's Nikkei 225 retreating from an 11-month high.
White House claims Canada 'caves' connected trade. The White House said that Canada "caved" to President Donald Trump by hastily rescinding its digital services tax after the president threatened to unopen down trade negotiations betwixt the 2 large trading partners.
China's June mill enactment unexpectedly expands. The Caixin/S&P Global manufacturing purchasing managers' scale came successful astatine 50.4, higher than the Reuters estimation of 49. It besides diverged from China's authoritative PMI report, which samples much companies, mostly successful upstream sectors.
Elon Musk calls Trump measure "DEBT SLAVERY." The Tesla and SpaceX CEO is doubling down connected his criticisms to termination Trump's signature megabill. Musk besides called for a "new governmental party," and vowed that immoderate fiscal blimpish who votes for the measure volition "lose their superior adjacent year."
[PRO] Beneficiaries of NATO defence spending. With NATO members committing to a overmuch higher defence spending target, certain companies are expected to spot immense boosts to their bottommost lines – peculiarly those headquartered successful Europe.
And finally...
Digital illustration of a glowing satellite representation with "AI" substance crossed aggregate continents, representing the planetary beingness and integration of artificial intelligence.
Fotograzia | Moment | Getty Images