North Korea has begun an investigation into an accident that occurred during the launch of a new warship this week, state media said Friday, assessing the damage as "not serious". North Korea said Thursday that "a serious accident occurred" at the Wednesday launch ceremony for the newly built 5,000-ton naval destroyer, in which sections of the bottom of the vessel were crushed -- with leader Kim Jong Un calling the mishap a "criminal act".

North Korea has begun an investigation into an accident that occurred during the launch of a new warship this week, state media said Friday, assessing the damage as "not serious". North Korea said Thursday that "a serious accident occurred" at the Wednesday launch ceremony for the newly built 5,000-ton naval destroyer, in which sections of the bottom of the vessel were crushed -- with leader Kim Jong Un calling the mishap a "criminal act".

Technology stocks led the gains in the U.S., with Apple (AAPL) up 1.8% and Nvidia (NVDA) jumping 2.4%, as demand for AI and semiconductors remains strong. Tesla (TSLA) also rebounded, rising 3.1% after announcing better-than-expected Q2 vehicle deliveries. Global stock markets showed a mixed performance as investors weighed persistent inflation concerns against a wave of corporate earnings reports. While strong results from major tech companies helped lift some indexes, uncertainty surrounding central bank policies and the future path of interest rates kept others in check. In the U.S.,