Reserve Bank of India said that if the southwest monsoon unfolds as expected, it could put pressure on domestic growth and the inflation outlook.

Alphabet (GOOG.O) shares fell on Monday after DeepMind vice president John Jumper said over the weekend he will leave to join Anthropic, sending the stock down as much as 7.2% intraday — its largest intraday drop since February. The move follows last week’s departure of senior researcher Noam Shazeer to OpenAI, and comes amid broad weakness in large-cap tech names. Jumper, a core member of Google's AI programming team, received the 2024 Nobel Prize in Chemistry for AI-related research.

U.S. Vice President Vance described talks in Switzerland as "very productive" and said mechanisms were established to help keep the Strait of Hormuz open now and in the future. He said Iran has for the first time in a long time allowed weapons and nuclear inspectors into the country, but cautioned that only actions matter — inspectors' actual access and permitted activities will determine progress and remain part of ongoing negotiations.