Top global stories this week: Sony, Xiaomi, ASML among notable names
US stock indexes fell for the fifth consecutive week amid Middle East tensions and trade disruption fears, with the S&P 500 down 3.9% and Nasdaq 5.2%. European markets saw gains, with the STOXX up 2.3%. ASML secured a $7.9B deal with SK hynix, while Xiaomi reported its first quarterly profit decline in three years. Sony is nearing a $1B sale of its home entertainment business to TCL Electronics. SoftBank obtained a $40B bridge loan for investments in OpenAI. Japan's inflation slowed, and manufacturing activity weakened.
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