European shares drift as traders weigh Hormuz conditions and upcoming U.S. data

Wall Street’s S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Palantir boosted market sentiment. Hopes for an imminent Middle East peace deal also contributed to the gains. Strong earnings from AI companies like Amazon and Microsoft reassured investors about their investments. The blue-chip Dow Jones…

A year since the whole penal tariff cycle began – India now faces uncertainty related to its Russian crude purchases. A new Russia related sanctions bill in the US may see the light of the day if passed this year implying that Trump would have the power to impose tariffs on India again.

Mark your calendars! Rockstar Games is set to unveil a fresh look at Grand Theft Auto VI on Netflix. This exclusive footage drops on August 27, 2026, at 3 PM ET. Following its Netflix debut, fans can catch it on YouTube and the official website. The content promises insights into the game’s mechanics and its…