Investor sentiment toward tech stocks surged anew as Meta's new AI service gained widespread popularity. Furthermore, a simultaneous drop in oil prices and Treasury yields alleviated inflationary pressures, boosting overall market sentiment.
Major tech stocks surged and the Nasdaq Composite hit an all-time high, driven by the success of Meta's AI agent and spreading optimism across the AI industry.
AMD shares rallied sharply on expectations of expanding AI semiconductor demand, with its intraday market capitalization surpassing $1 trillion for the first time ever.
Crude oil prices fell sharply as expectations grew for a diplomatic resolution between the U.S. and Iran.
The 10-year U.S. Treasury yield fell below 5% as lower oil prices eased inflation concerns, improving risk appetite across markets.
U.S. President Trump dismissed concerns regarding AI risks and calls for pacing development, announcing a policy to actively encourage AI technology growth.
Investor sentiment recovered rapidly as oil prices and interest rates declined amid easing geopolitical risks in the Middle East. Furthermore, the success of Meta's AI agent reignited momentum across tech stocks, strongly driving gains in global equity markets.
Growing expectations for an easing of Middle East geopolitical tensions following the possibility of a US-Iran summit at the UN General Assembly
Nasdaq Index hits a record high of 27,122.09, driven by the success of Meta's AI agent 'Muse' and a surge in semiconductor stocks
Discussions to extend the trade truce through Chinese President Xi Jinping's US visit and the holding of a US-China summit
WTI crude oil falls 3.86% from the previous day to $92.37, reflecting expectations of Middle East peace negotiations
US President Trump puts airstrike plans against Yemen's Houthi rebels on hold, considering the risk of further oil price spikes and escalation
