Russia's benchmark stock index ended the session unchanged, but a significant number of stocks fell, with major companies like Polyus and VTB Bank hitting multi-year or all-time lows.
According to a Bernstein research note, artificial intelligence is improving price discovery and analyst coverage, but the widespread adoption of similar models could lead to crowded trades and more severe market dislocations.
Artificial intelligence is making financial markets more efficient by speeding up analysis, but it also creates new risks like synchronized trading and feedback loops that could amplify volatility, according to a research note from Bernstein.
Energy services firm Baker Hughes has delayed its closely watched weekly report on North American oil and gas drilling activity, a key indicator for future production. The company has not yet provided a new release date for the data.
UBS Asset Management maintains a positive outlook on global equities, arguing that resilient economic growth and expanding corporate profits will continue to support markets despite a high-interest-rate environment.
Ukraine has established a new military command dedicated to long-range strikes, formalizing a campaign that has already disrupted Russian energy infrastructure and is now impacting key commodity exports like diesel and wheat.
The U.S. dollar was little changed Monday, holding its ground after its worst session since late April, as investors look ahead to the release of the Federal Reserve's June meeting minutes for clues on monetary policy.
The Japanese yen renewed its decline, trading near the 162-per-dollar level, as the absence of currency intervention from Tokyo encouraged traders to test authorities' resolve.
Cryptocurrency exchange BTCC announced a significant increase in futures trading volume, with a spike of up to 55% in the 24 hours preceding Argentina's World Cup matches, driven by a promotional campaign.
