Global stocks hit records on Iran peace hopes and AI
Global shares reached record levels as oil prices fell on hopes for a peace deal with Iran. AI demand boosted tech stocks, lifting Samsung to a record valuation.
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Global equities rose as Brent Crude Oil fell 3.2% to $106.40 following progress toward a peace agreement between the United States and Iran. The MSCI All-Country World Index hit a record high after a two-month blockade of the Strait of Hormuz eased. Easing energy supply risks and accelerating AI demand are driving capital back into risk assets and semiconductor manufacturers.
