A federal judge has declined to block Meta Platforms from laying off 26 employees who allege the company's AI tools targeted them for having disabilities or taking medical leave. The layoffs will proceed as the case moves to private arbitration.
The CBOE Volatility Index, Wall Street's 'fear gauge,' has jumped over 20% in the past week to top 18, signaling a rapid shift in market sentiment amid rising geopolitical tensions and weakness in the technology sector.
The U.S. aviation regulator will allow the planemaker to resume self-certification for its key aircraft models starting July 20, citing consistent production quality after months of enhanced oversight.
Finland's benchmark stock index closed 0.96% higher on Friday, driven by strong performances in the healthcare and energy sectors, with tire manufacturer Nokian Renkaat leading the gains.
Sweden's benchmark OMX Stockholm 30 index ended Friday's session down 0.08%, as losses in the industrial and basic materials sectors offset strong gains from individual stocks like EQT and SAAB.
Germany's benchmark DAX index closed down 0.35% on Friday, dragged lower by losses in the banking, technology, and retail sectors. Broader market indices including the MDAX and TecDAX also finished the session in negative territory.
France's benchmark CAC 40 index fell 0.47% on Friday, pulled lower by significant losses in the technology, consumer goods, and financial sectors. Market volatility indicators reached a new 52-week high, signaling increased investor caution.
Belgium's benchmark BEL 20 index closed with a modest gain on Friday, lifted by strong performances in the utilities and consumer services sectors, though the majority of individual stocks on the exchange fell.
The UK's benchmark FTSE 100 index posted a modest gain on Friday, lifted by strong performance in defensive sectors, even as the majority of stocks on the London Stock Exchange fell.
