Finance

Cryptocurrencies advanced sharply, with Bitcoin approaching $67,000 and institutional tokens posting strong daily gains. The rally was heavily supported by positive regulatory developments, as the White House signaled that a comprehensive digital asset framework under the Clarity Act is close to final legislative approval.

The Trump administration is actively preparing a new wave of international tariffs targeting up to 60 countries over alleged forced-labor violations. These prospective trade penalties come just ahead of the expiration of a temporary global levy and immediately follow a steep tariff imposition on Canadian goods.

Second-quarter financial updates spurred significant individual stock movements, highlighted by 3M boosting its annual profit forecast and raising its full-year guidance. Conversely, the technology space witnessed a distinct bifurcation as capital rapidly shifted back into hardware and chip manufacturers, leaving software providers under continued downward pressure.