US stocks climbed to fresh all-time highs, with President Trump publicly claiming credit for the rally amid a backdrop of ongoing conflict, oil price shocks, and elevated inflation. Trump struck a victory pose in response to the market move, framing it as a sign of confidence in his administration's economic management. The rally is notable because it comes despite several forces that typically weigh on equities: war-related uncertainty, energy price volatility, and sticky inflation that keeps pressure on the Federal Reserve's rate decisions. Markets moving higher through those headwinds signals that investors, at least in the short term, are pricing in optimism over risk. The phrase 'Trust in Trump' circulated alongside the market move, suggesting the administration is tying the rally directly to its policy brand. Whether that framing holds will depend on how durable the gains are and whether inflation and oil prices ease or intensify. Watch for Fed commentary and energy price trends as the near-term tests of whether this rally has fundamental support or is running on sentiment alone.
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.
