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Chipmakers boost global stocks as oil retreats

Global stocks rose Monday as signs of strong AI demand lifted tech shares. Oil fell on reports that more supply was leaving the Gulf than previously thought, despite ongoing conflict.

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Global stocks rose on Monday after fresh evidence of booming AI demand lifted tech shares, while oil slipped on reports that more supply was leaving the Gulf than previously thought, despite the ongoing conflict. The bond market, which endured a sixth straight weekly selloff last week amid…