The Dow Jones, S&P 500, and Nasdaq posted record highs, driven by strong Netflix earnings and gains in tech stocks. Netflix surged 11.1%, boosting the communication services sector. Despite some concerns over valuation and potential volatility, positive economic data and robust corporate results supported the market rally.
University leaders say they will now establish most of DPIs research and lab space at the former U.S. Steel South Works plant, the planned location of the new Illinois Quantum and Microelectronics Park.
The U.S. governments road safety agency is investigating Teslas Full Self-Driving system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.
Reports indicate growing violence against Hindus in Bangladesh, including temple vandalism, following Prime Minister Sheikh Hasina's resignation. Numerous Hindu homes and businesses have been targeted. Concerns rise as Islamist extremism increases. The interim government has dismissed India's concerns and suggested the violence is politically motivated.
Russian President Vladimir Putin emphasized that BRICS is a 'non-West' rather than 'anti-West' group, echoing India's stance ahead of the BRICS Summit in Russia. He indicated openness to new members and criticized US efforts to hinder China's growth. Putin stated setting an end timeline for the Ukraine war is challenging.
The federal judge presiding over Donald Trump's election subversion case released additional evidence on Friday used by Special Counsel Jack Smith to bring charges against the former US president. In arguing against the release of the material, Trump's lawyers said it could present a "concerning appearance of election interference" and taint the jury pool.
