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Trump Convicted in Hush Money Case, Markets React

Former President Trump found guilty on 34 felony charges; Wall Street closes lower amid economic concerns.

  • Trump faces sentencing on July 11, just days before the Republican National Convention.
  • Salesforce and Dell stocks plummet despite AI growth, impacting broader market indices.
  • Oil prices decline for the third day as OPEC+ prepares for a key supply meeting.
  • Asia-Pacific markets open higher, driven by mixed economic data from Japan, South Korea, and China.
  • U.S. consumer spending shows signs of strain, with key economic indicators reflecting cautious sentiment.
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