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DBI Today: 52.3 (+0.7)

Keir Starmer's resignation as UK Prime Minister landed like a political earthquake on Monday, even as markets shrugged it off almost entirely — a telling sign of how much attention had already shifted toward the Middle East. The Daily Business Index, our daily 0–100 readout of global business health where 50 is neutral, ticked up to 52.3. The bigger story was oil, which slid toward $74 a barrel — its cheapest level since early March — as US and Iranian negotiators reported "encouraging progress" toward a lasting peace. Wall Street's reaction was split down the middle: small-cap stocks partied while Big Tech nursed a hangover.

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