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UK Labour Party Secures Historic Election Victory

Exit polls indicate a decisive shift in British politics as Labour ends 14 years of Conservative rule.

  • Labour Party projected to win 410 seats, achieving a significant majority in parliament.
  • European markets react positively, with banking stocks leading gains.
  • US markets closed for Independence Day; focus shifts to upcoming jobs report.
  • Asian markets mixed with notable declines in Chinese stocks.
  • Samsung reports a substantial profit increase, reflecting a rebound in the semiconductor industry.
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