Philadelphia Semiconductor Index (SOX) extends losses to 4%.

The NWS forecasts the heat dome that produced record heat in Europe will move over the US Midwest and Eastern states this week. Several World Cup host cities could see heat indices above 40°C. NWS advisories say sultry conditions in and around Kansas City and parts of Missouri will persist through the evening of July 3, with heat indices expected between 40.6°C and 43.3°C.

The National Radio and Television Administration said recent short-form dramas display richer themes, heightened intent, more mature storytelling and stronger distinctiveness, and that 'boutique' production is becoming an industry consensus and self-driven practice. At a 2026 summer review of boutique short-form dramas in Beijing, Network Department director Wang Xiaoliang said future short-form drama creation must adhere to the correct direction, uphold content bottom lines, set benchmarks and deliver high-quality titles.