Global stocks rally on AI optimism
Global equities surged on Monday as renewed enthusiasm for artificial intelligence lifted technology shares and the Nasdaq near record highs. Meanwhile, investors welcomed a fourth consecutive decline in global oil prices while monitoring rising political risks in Europe.
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Global equities surged during Monday morning trade, driven by a powerful rebound in artificial intelligence sentiment and a 4% slide in Brent Crude Oil prices. The Nasdaq index jumped 2.3%, climbing to within a whisker of its record high of 27,190 points.
