Signs of the "Trump trade" were woven into markets today, even as comments from the Fed chair sparked increasing hope of near-term rate cuts.

Why it matters: In the eyes of global investors, the attempted assassination of former President Trump has only strengthened the prospects of his return for a second term.

Between the lines: Long-term treasury yields rose, led by the 30-year note — a reaction associated with expectations that Trump would preserve or expand tax cuts and focus on high-growth policies.

• Shares of Trump Media & Technology Group gained 31% on the day to $40.58.
• And while Fed chair Jerome Powell's positive comments on recent inflation data readings sent broad stock indexes up, certain stocks associated with the Trump trade outperformed today.

By the numbers: Oil & gas producers rose, led by Exxon Mobil (+1.7%) and Chevron (+1.6%). Fluor Corp., an engineering company that worked on border construction projects during the previous Trump administration, gained 1.7%.

• Bitcoin prices also jumped to a two-week high of over $63,300 in anticipation that a Trump victory could create a friendlier regulatory environment for cryptocurrencies.

What we're watching: Health care and bank stocks — with the heavyweights just reporting earnings — are among those that investors expect to perform well during another Trump administration.

Reality check: There are still four months until the U.S. election, and investors' bets today are no guarantee of what's to come — especially amid earnings season when there is plenty of other news to chew on.

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Top U.S. CEOs have publicly condemned Saturday's assassination attempt.

Why it matters: The attack was bigger than politics — an atypical event that leaders felt no controversy about speaking out, experts tell Axios.

Driving the news: Apple, Microsoft, Amazon, Google and Meta CEOs have said they're praying for "President Trump's rapid recovery" and called the act of political violence "horrific," "awful," "intolerable" and a "sad day" for America.

• Similar sentiments were shared by leaders from OpenAI, Airbnb, Intel and Dell, while executives from Pfizer, GM, Ford and Accenture also weighed in on Sunday.

Context: Most companies have learned since the 2016 election to develop a set of rules to dictate when they speak out publicly on certain issues, the head of communications for a major tech company told Axios this weekend.

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🇨🇳 China's economy grew much slower than expected in the second quarter. (Reuters)

🏬 Macy's terminated deal talks with activist investor Arkhouse Management and Brigade Capital. (Axios)

💻 Amazon Prime Day is expected to drive record online spending in the U.S. this week. (Axios)

BlackRock, the world's largest asset manager, grew even bigger in Q2, hitting a record $10.65 trillion in AUM thanks to its ETFs.

Goldman Sachs' storied investment banking division underperformed rivals' with a 21% growth in fees versus more than 50% for both JPMorgan Chase and Citigroup.

Burberry's comparable store sales fell 21% in its latest quarter as a growing share of global consumers pulled back on luxury. Shares of the company, which replaced its CEO, are now at their lowest in 14 years.

Swatch Group felt the sting from a spending slowdown in China in H1 that drove a 70% decline in operating profit.

You thought you had an expensive wedding? This should make you feel better:

• The months-long wedding ceremonies in India of the youngest son of Asia's richest man, Mukesh Ambani, and the daughter of pharma tycoons finally concluded this past weekend and reportedly cost at least $132 million, according to the BBC.

What that paid for: A rumored $10 million for Justin Bieber to perform.

• Constructing 14 temples in part to provide a backdrop for the wedding.
• And a mass wedding for 50 underprivileged couples, among countless other extravagances.

Yes, but: With each event since festivities began earlier this year, public criticism has grown.

• While the remarkable displays of love and celebration mark a larger shift taking place inside India where "wealth must speak as loudly as possible," some view the opulence as being tone-deaf given that income inequality may now be worse than it was under British rule, according to the World Inequality Lab.