S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The UK 10-year gilt yield rose to 8.45%, extending gains for a third consecutive session after Prime Minister Keir Starmer announced his resignation. Starmer said he will remain in office until a successor is chosen and pledged to ensure an orderly transition, with a new leader expected by September. The move sets the stage for either a clear path toward Andy Burnham’s leadership bid or a wider contest among potential candidates over the summer. Investors appear to be taking the developments calmly, with attention now shifting toward the potential policy direction under a new government. Burnham’s economic plans remain a key focus, though fiscal constraints may limit major changes. Concerns over bond market discipline and government spending are likely contributing to the muted market response.
