- Hammers boss Lopetegui will be glad to see transfer window shut
- Leverkusen coach Alonso says Bayern 'favourites' in Bundesliga
- Cannon-Brookes: Australia's billionaire climate warrior
- War cook: Ukrainian soldier-influencer's winning recipe
- Cosplay and queues at Germany gamers gathering
- Verstappen eyes 'very close' Dutch Grand Prix
- Play resumes on second day of England-Sri Lanka first Test
- Taiwan sentences eight soldiers for spying for China
- PSG coach Luis Enrique plays down prospect of more new signings
- Key Indian hospital ends strike but doctor rape protests rage
- Key Indian hospital ends stike but doctor rape protests rage
- Djokovic targets Slam record at US Open, Sinner under cloud
- Ceasefire hopes fade as Gaza fighting rages
- Indonesians protesting election law changes clash with police
- Hurzeler backs record-signing Rutter to be a 'big, big' player at Brighton
- Stock markets buoyed by US rate cut hopes
- England to host Zimbabwe in 2025, Lord's to stage first women's Test in 2026
- India's Modi urges peace ahead of Ukraine visit
- 'Let us choose joy!' Oprah Winfrey urges US voters
- Sicily divers seek final shipwreck missing after Lynch's body found
- Israeli police say 4 arrested in settler attack on Palestinians
- Rain delays second day of England-Sri Lanka first Test
- War cook: Ukrainian soldier-influencer with fans on both sides
- Kenya police offer reward for escaped serial killer suspect
- S. Korean drill to prepare for attack met with confusion
- French court dismisses appeal in Agent Orange case
- War-battered Gaza faces uphill battle against polio
- Floods swamp Bangladesh as nation finds its feet after protests
- Asia tracks Wall St. rally after US jobs data, Fed minutes
- Climate change a mixed blessing for sun-starved Irish vintners
- Far-right firebrand Hoecke draws crowds in eastern Germany
- Skiing in a Madrid shopping centre when it's 34C outside
- Exclusive luxury and unforgettable moments: The Hotel Le Méridien Beach Plaza in Monaco
- S.Africa's daredevil autosport of spinning stokes passions
- VP pick Tim Walz lauds Kamala Harris at Democratic convention
- Swift says filled with 'fear', 'guilt' after Vienna terror threat
- Kenyan Paralympian Wawira finds 'courage' in powerlifting
- Five new faces to watch in the Bundesliga this season
- Leverkusen eye repeat after 'magic' title triumph
- Asia struggles to track Wall St up after US jobs, Fed minutes
- 'It wasn't working': All Blacks assistant coach MacDonald quits
- Indonesia's first Paralympic archers take aim at gold
- South Korean pet care goes high-tech with AI diagnostics
- Fragile but unbroken, Afghan glassblowers refuse to quit
- Volcanic eruption grounds flights in New Zealand
- Five things to watch as F1 returns for Dutch Grand Prix
- Australian penguin dies, ending famous 'same-sex power couple'
- 'It wasn't working': All Blacks assisant coach Leon MacDonald quits
- Mpox disease presents hard-to-weigh risks
- US stocks rise after dovish Fed minutes
Dow ends at record as luxury share weakness hits European bourses
The Dow finished at a record Monday as markets weighed the impact of the failed assassination attempt on Donald Trump, while European bourses came under pressure from weakness in the luxury sector and disappointing Chinese economic data.
The blue-chip index piled on 0.5 percent to finish at 40,211.72, notching its first record since mid-May.
Major US indices were in positive territory the entire session amid talk that the assassination attempt boosted Trump's prospects in the election.
Trump was hit in the ear but not seriously injured in a gun attack during a campaign event on Saturday in Pennsylvania ahead of the Republican National Convention in Wisconsin.
The former president announced Monday that Ohio Senator J.D. Vance will be his vice presidential nominee.
"The connection for the market is that former President Trump is seen by many to be a more market-friendly candidate due in part to his push for deregulation and a lower corporate tax rate," O'Hare said.
"Still, others worry that his push to increase tariffs could also lead to higher inflation."
The Dow record came as Fed Chair Jerome Powell expressed confidence that inflation is in retreat, reiterating a stance that boosted markets last week.
Strong results from Goldman Sachs and BlackRock also boosted sentiment on Wall Street.
Earlier the Paris bourse fell 1.2 percent following a bruising day for luxury equities, with LVMH, Hermes and Kering all declining.
Burberry stock tumbled more than 16 percent in London after it announced the immediate departure of chief executive Jonathan Akeroyd as it posted "disappointing" results.
Another heavy blow came as Swatch reported plunging profits owing to the luxury market crisis in China and warned that sales in the key market were likely to remain difficult this year, sending its shares down more than nine percent.
Official statistics showed the Chinese economy grew by 4.7 percent in the second quarter of the year, the slowest rate of expansion since early 2023, when China was emerging from a crippling zero-Covid policy that strangled growth.
The figures came the same day that China's ruling Communist Party kicked off a key meeting led by President Xi Jinping focused on the economy, known as the Third Plenum.
The world's second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an ageing population.
Analysts are hoping the gathering spawns badly needed support for the economy.
- Key figures around 2030 GMT -
New York - Dow: UP 0.5 percent at 40,211.72 (close)
New York - S&P 500: UP 0.3 percent at 5,631.22 (close)
New York - Nasdaq Composite: UP 0.4 percent at 18,472.57 (close)
London - FTSE 100: DOWN 0.9 percent at 8,182.96 (close)
Paris - CAC 40: DOWN 1.2 percent at 7,632.71 (close)
Frankfurt - DAX: DOWN 0.8 percent at 18,590.89 (close)
EURO STOXX 50: DOWN 1.2 percent at 4,983.11 (close)
Hong Kong - Hang Seng Index: DOWN 1.5 percent at 18,015.94 (close)
Shanghai - Composite: UP 0.1 percent at 2,974.01 (close)
Tokyo - Nikkei 225: Closed for a holiday
Dollar/yen: UP at 158.09 yen from 157.83 yen on Friday
Euro/dollar: DOWN at $1.0902 from $1.0907
Pound/dollar: DOWN at $1.2970 from $1.2988
Euro/pound: UP at 84.03 pence from 83.97 pence
Brent North Sea Crude: DOWN 0.2 percent at $84.85 per barrel
West Texas Intermediate: DOWN 0.4 percent at $81.91 per barrel
burs-jmb/dw
P.Santos--AMWN