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Europe Scorched by Record Heatwave: France and Italy Take Emergency Measures

As a blistering heatwave tightens its grip on Europe, countries are scrambling to protect citizens from soaring temperatures and mounting health risks. France has shuttered over 1,350 schools  and closed the top floor of the Eiffel Tower as temperatures surged past 40°C (104°F)  in several regions. Sixteen French departments are now under the highest heat alert, with authorities urging people to stay hydrated and indoors during peak hours. Meanwhile, Italy has imposed restrictions on outdoor work , particularly in agriculture and construction, during the hottest parts of the day. Cities like Rome, Milan, and Venice are under red alerts, with hospitals reporting a spike in heat-related illnesses. The Mediterranean Sea has also hit record highs, with waters in Spain’s Balearic Sea reaching 30°C , up to 6 degrees above average. Scientists warn that Europe—already warming at twice the global average —is facing increasingly frequent and intense heatwaves due to climate change. New ...
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Wall Street Holds Steady as S&P 500 Erases 2025 Losses

The U.S. stock market is searching for direction after the S&P 500 erased its losses for 2025, signaling renewed investor confidence. Futures on the S&P 500 edged up 0.2%, while Dow Jones Industrial Average futures hovered near the flat line. Meanwhile, Nasdaq 100 futures rose 0.3%, driven by Nvidia’s continued rally.

The chipmaker’s stock surged following optimism around AI investments and easing trade tensions between the U.S. and China. Nvidia’s market capitalization is now firmly above the $3 trillion mark, reinforcing its dominance in the tech sector.

Despite the positive momentum, uncertainty around tariffs continues to weigh on corporate outlooks. American Eagle withdrew its financial guidance due to macroeconomic concerns, while Sony warned of a $700 million impact from U.S. tariffs. Investors remain cautious as earnings season unfolds, with companies navigating the evolving trade landscape.


As Wall Street assesses the broader economic picture, market participants are keeping a close eye on upcoming inflation data and geopolitical developments that could shape future trends.

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