Global markets reach record highs driven by AI-tech momentum while energy concerns and geopolitical tensions persist.

The S&P 500 rose and the Nasdaq hit all-time highs as investors piled into megacap technology stocks, with analysts suggesting further growth potential for companies like Nvidia and Microsoft.

Saudi Aramco CEO Amin Nasser warned that global oil stockpiles remain scarily thin, highlighting vulnerability to ongoing geopolitical volatility and conflict.

Yemen's Houthi rebels claimed military operations targeting Saudi infrastructure, including an Aramco refinery and Riyadh's international airport, though Saudi officials have not confirmed the strikes.

The Pakistan federal government adjusted energy prices for October 2026, increasing petrol costs by Re0.88 while reducing high-speed diesel prices by Rs1.88 per litre.

The Privatisation Commission of Pakistan has prequalified nine parties for the sale of the Gujranwala Electric Power Company (GEPCO), marking a significant step in the nation's privatization efforts.

Intel shares faced downward pressure after Elon Musk indicated that discussions with TSMC are ongoing for the Terafab project, casting doubt on Intel as the sole manufacturing partner.

Swiss President Guy Parmelin met with Indian Prime Minister Narendra Modi to discuss expanding bilateral trade and investment opportunities between the two nations.

Market analysts are noting a rare and significant divergence between the Nasdaq and the Dow Jones Industrial Average, signaling a period of potential volatility ahead for equity markets.

Investors are increasingly viewing the aggressive 2026 bond-market rout as a long-term opportunity for savers and risk-averse portfolios seeking higher yields.

India's Godrej Consumer Products reported a positive outlook, anticipating high-teens revenue growth for the second quarter due to broad-based performance across its business segments.