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The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Global stocks rose, led by AI-linked tech shares, while oil fell on reports more supply was leaving the Gulf than previously thought. The note also listed closing levels for major equity, bond, currency and commodity markets.
The benchmark KOSPI climbed more than 2% to around 6,850 on Friday, recovering losses from the previous session, as a rebound in US technology stocks lifted regional equities. The Nasdaq advanced 1.7% overnight, with technology shares recovering after the Federal Reserve’s latest rate hike, while Brent crude fell to ar
A STRONG REBOUND IN MAJOR SEMICONDUCTOR STOCKS LIFTED U.S. EQUITIES AS INVESTORS RETURNED TO THE AI TRADE, WITH A WIDELY FOLLOWED SEMICONDUCTOR INDEX POSTING ITS BIGGEST GAIN SINCE APRIL 2025 AND HELPING THE NASDAQ 100 CLIMB 3.4%, AS MICROSOFT SURGED 16% TO ADD ROUGHLY $450 BLN IN MARKET VALUE, ITS LARGEST SINGLE-DAY G