Global financial reports show a shift away from the US, with the S&P 500 Index falling into a slump

Despite a robust quarter in the United States, performance was mixed, and many companies saw muted market reactions after earnings reports amid concerns that growth rates may have peaked. Asian giants continue to benefit from their critical role in building artificial intelligence (AI) infrastructure, while European consumer goods companies remain under pressure. Strong results were reported by industrial and financial companies on the continent, driven by increased federal spending. (Bloomberg)