Global stock markets reached a new record as investors became more hopeful about a possible agreement between the United States and Iran to reopen the Strait of Hormuz, an important route for global oil shipments. This helped improve market confidence. Investors also continued to support artificial intelligence (AI) companies, pushing chipmaker stocks higher.$BNB
S&P 500 futures rose 0.2%, while the MSCI All Country World Index also reached a record high. Brent crude oil traded near **$80 per barrel** after a sharp drop the previous day. Gold rose 2.1% to around **$4,162.75 per ounce** as investors expected fewer interest rate hikes.$TROLL
Analysts said lower oil prices, easing bond yields, and renewed confidence in AI are supporting the market. However, some caution remains. SpaceX shares fell 8% after reporting higher AI spending, while Advanced Micro Devices (AMD) dropped about 7% due to a weak sales outlook. Despite recent declines, the global semiconductor index has recovered strongly and is up 42% this year.$ALCH
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S&P 500 futures rose 0.2%, while the MSCI All Country World Index also reached a record high. Brent crude oil traded near **$80 per barrel** after a sharp drop the previous day. Gold rose 2.1% to around **$4,162.75 per ounce** as investors expected fewer interest rate hikes.$TROLL
Analysts said lower oil prices, easing bond yields, and renewed confidence in AI are supporting the market. However, some caution remains. SpaceX shares fell 8% after reporting higher AI spending, while Advanced Micro Devices (AMD) dropped about 7% due to a weak sales outlook. Despite recent declines, the global semiconductor index has recovered strongly and is up 42% this year.$ALCH
#taimoorjavaid
#GoldRisesForThirdDay