World financial news today
Here are some of the top financial news stories from around the world today:
Global Markets
- The Dow Jones Industrial Average and S&P 500 both rose to record highs, driven by strong earnings reports and optimism about the US economy. (Source: CNBC)
- The European Stoxx 600 index also rose, led by gains in the technology and healthcare sectors. (Source: Financial Times)
- Asian markets were mixed, with the Nikkei 225 in Japan falling 0.2% and the Shanghai Composite in China rising 0.4%. (Source: Bloomberg)
Economy
- The US economy grew at a 2.1% annual rate in the second quarter, slightly below expectations. (Source: The Wall Street Journal)
- The European Central Bank left interest rates unchanged and maintained its stimulus program, citing concerns about the region's economic outlook. (Source: Reuters)
- The UK's Office for National Statistics reported that the country's economy grew at a 0.3% quarterly rate in the second quarter, slightly above expectations. (Source: BBC)
Companies
- Amazon reported strong earnings and revenue growth, beating expectations and sending its stock price soaring. (Source: The New York Times)
- Apple reported strong earnings and revenue growth, driven by demand for its iPhones and services. (Source: CNN)
- Tesla reported a surprise profit and raised its revenue guidance, sending its stock price surging. (Source: Forbes)
Cryptocurrencies
- Bitcoin rose above $12,000 for the first time, driven by growing institutional interest and optimism about its potential as a store of value. (Source: CoinDesk)
- Ethereum, the second-largest cryptocurrency by market capitalization, rose 5% to a two-year high. (Source: Coindesk)
Politics
- The US and China are set to resume trade talks this week, with the US seeking to address concerns about China's intellectual property practices and forced technology transfers. (Source: The Washington Post)
- The UK and EU are set to hold a crucial Brexit summit this week, with the UK seeking to secure a new trade deal and the EU seeking to maintain its current trade arrangements. (Source: The Guardian)
These are just a few of the top financial news stories from around the world today.