Asia-Pacific markets mostly lower as investors assess China industrial data
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- Trump ends all U.S. trade talks with Canada over digital services taxTrump's announcement on Truth Social accused Canada of "copying the European Union" with the "egregious" tax.
- Germany tells Apple, Google to block DeepSeek as the Chinese AI app faces rising pressure in EuropeThis is not DeepSeek's first run-in with regulators in Europe, following run-ins with Italian and Irish authorities.
- China confirms details of U.S. trade dealThe statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further details.
- Nike stock soars 17% after CEO soothes investors, says recovery is on the horizonNike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.
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- Traders head into the second half of the year with stocks at all-time highs, jobs report pendingWall Street will be watching to see whether stocks move higher next week, which might depend on a number of economic data releases.