Dow futures fell 500 points after President Trump announced a blockade of the Strait of Hormuz, a move that followed the collapse of negotiations. The selloff reverses momentum from what had been the best week for all three major averages since November, a rally built on expectations that the conflict would reach a swift resolution. The Strait of Hormuz is a critical chokepoint for global energy transit, and any disruption there carries direct transmission risk to oil prices and energy-dependent supply chains. Markets will now be watching whether the blockade escalates further, how energy markets reprice, and whether diplomatic channels reopen, each outcome carrying materially different consequences for equities, commodities, and credit across affected sectors.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.