But first, the hot topic of the hour. President Trump doubling down on his affordability push as his top officials urge him to remain focused on bringing high prices lower for the average American, reportedly showing him polls and social media posts in closed door meetings. The Wall Street Journal is reporting that the White House aids quote are reorienting some of Trump's public events to focus on costs.They're planning uh economy focus focused speeches across the country in early 2026 and making plans to ...

A rebound in Denmark’s pharmaceutical industry, dominated by Novo Nordisk, powered the economy to its fastest quarterly expansion in almost four years https://t.co/lfMYpsJiGQ ...

Corporate Developments and Analyst Insights - JPMorgan has reduced its price target for Netflix (NFLX) to $1,275, maintaining a neutral rating while balancing long-term optimism with cautious near-term outlook following stock rallies [2][10] - Jefferies has raised its price target for Intuitive Surgical (ISRG) to $560 from $550, following previous adjustments and citing tariff impacts on gross margins [3] - Piper Sandler has also increased its target for Intuitive Surgical to $595 from $575, driven by strong second-quarter performance and raised full-year procedure guidance [3] - Advent International is reportedly exploring a $2 billion sale of its Parfums De Marly business [4] Geopolitical and Policy Landscape - Efforts are ongoing to restore external power to Ukraine's Zaporizhzhia Nuclear Power Plant, with both Russian and Ukrainian forces cooperating to establish ceasefire zones for repairs, highlighting persistent safety risks [5][10] - Japan is set to unveil a new economic package focusing on counter-inflationary measures, growth investment, and national security, including potential tax cuts and expanded subsidies [6][10] - The U.S. pharmaceutical industry faces significant policy threats as a price probe raises the possibility of new drug tariffs, which could lead to higher domestic prices and potential drug shortages [7][10] - The UK Treasury is expected to address tax loopholes for online giants as part of broader efforts to tackle fiscal challenges [8] - Sweden's Prime Minister and Ukraine's President are scheduled for a joint visit, focusing on military aid and reconstruction as part of a bilateral security cooperation agreement [9] Market Performance and Trends - Global equity markets are showing signs of recovery, with Nasdaq futures gaining 0.11% and S&P 500 futures rising 0.18%, indicating a cautious recovery in equity markets [11][10] - The USD/JPY pair has stabilized at 151.835, influenced by the Bank of Japan's monetary policy and Japan's economic outlook [11][10] - Thailand's financial markets are experiencing inflows into bonds and stock funds, attributed to a weakening U.S. dollar and attractive valuations in Thai equities [12]

Industry Concerns - The pharmaceutical industry feared aggressive drug-pricing policies from US President Donald Trump [1] - Such policies could erode the pharmaceutical industry's profitability [1] - The policies might depress share prices within the pharmaceutical sector [1]

Industry Focus - US Commerce Secretary Howard Lutnick highlighted Switzerland's pharmaceutical industry as a key driver of its wealth due to significant drug exports to the US [1]