Europe, Global stocks
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Investors' initial response to the U.S.-EU trade deal framework saw the euro and German stocks slammed lower on Monday, while the S&P 500 and Nasdaq notched fresh closing highs in choppy trade, also supported by optimism around U.
European stocks see mixed reactions as the European Central Bank keeps interest rates unchanged and trade tensions with the US ease. Major banks show strong profits, contributing to market gains. Despite the optimism,
U.S. stock market futures are rising today as the Dow, S&P 500, and Nasdaq move higher after the Trump–EU trade deal eased tariff tensions and sparked optimism across global markets. Investors are also reacting to a strong rally in Tesla stock,
Wipro fell 2.76 per cent to Rs 252.20 on BSE. TCS declined 1.26 per cent to Rs 3,094.90. Infosys slipped 0.90 per cent to 1,501.90. HCL Tech edged 0.33 per cent lower while Tech Mahindra was flat.
The semiconductor industry could face challenges even if AI demand remains strong. ASML (NASDAQ: ASML) stock was down over 11% at one point during the trading day July 16 before closing the session down 8.