Markets End the Week on a High
Global markets rebounded as investors returned to AI and technology stocks, while easing concerns over the Middle East lifted overall sentiment.
US Markets
Dow Jones edged higher ahead of earnings.
Russell 2000 outperformed on stronger risk appetite.
AI Stocks Lead the Rally
- Chipmakers drove the gains as confidence in long term AI demand remained strong.
- SK Hynix stayed in focus after its $26.5 billion US ADR offering, while Micron announced plans to invest up to $250 billion in US chip manufacturing.
- South Korea’s Kospi jumped 5% and Hong Kong’s Hang Seng gained 1.9%.
Geopolitics Take a Back Seat
Oil prices steadied as markets took comfort from continued US Iran talks, reducing fears of a wider disruption to energy supplies.
What’s Next
With geopolitical concerns easing for now, investors are shifting their attention to earnings season, where AI spending, corporate guidance and business growth will be closely watched.