Nicolas Calcoen, Deputy Chief Executive Officer of Amundi, speaks during the listing ceremony of SBI funds management limited at the National Stock Exchange (NSE) in Mumbai on July 21, 2026. (Photo by Punit PARANJPE / AFP via Getty Images)

(FILES) A sign of Swiss pharmaceutical giant Novartis is seen on the top of a building at Novartis Campus in Basel on September 9, 2025. The Swiss pharmaceutical giant Novartis on July 21, 2026 reported a 19% drop in net profit for the second quarter, to $3.2 billion (3.2 billion), held back by higher interest and tax expenses. (Photo by Fabrice COFFRINI / AFP via Getty Images)

(FILES) The Swatch logo is displayed on a store in Times Square, New York City on April 9, 2025. The Swatch Group on July 21, 2026 reported a 5.8% drop in net profit for the first half of the year, to 16 million Swiss francs (17 million), while stating that the recent acceleration in sales will allow for "a significant improvement in profitability in the second half of the year. (Photo by ANGELA WEISS / AFP via Getty Images)

Two cargo ships head toward the port of La Guaira in Catia La Mar, Venezuela, on July 20, 2026. (Photo by Juan BARRETO / AFP via Getty Images)

(FILES) This aerial view shows two cargo ships sailing out of the Panama Canal on the Pacific side in Panama City on October 6, 2025. The Panamanian government announced on July 20, 2026, an agreement with China to renew a treaty that grants the Panamanian fleet preferential treatment in Chinese ports. (Photo by MARTIN BERNETTI / AFP via Getty Images)

WASHINGTON, DC - JULY 20: U.S. House Speaker Mike Johnson (R-LA) speaks to reporters while entering the U.S. Capitol on July 20, 2026 in Washington, DC. The U.S. House of Representatives is expected to start a long recess through August after completing legislative business this week. (Photo by Tom Brenner/Getty Images) *** BESTPIX ***

CAPTION CORRECTION: Please note that in image numbers 2286321839,2286321816,2286321772,2286321689,2286321632,2286321530,2286321526,2286321507,2286321486,2286321484, and 2286321480 the 2nd sentence of the caption is incorrect. It should read: The U.S. House of Representatives is expected to start a long recess through August after completing legislative business this week. (Photo by Tom Brenner/Getty Images) We apologize for any inconvenience.

WASHINGTON, DC - JULY 20: U.S. Speaker of the House Mike Johnson (R-LA) enters the U.S. Capitol on July 20, 2026 in Washington, DC. The U.S. House of Representatives is expected to start a long recess through August after completing legislative business this week. (Photo by Anna Moneymaker/Getty Images)