Global stocks head for strong weekly gains
Global equities headed for their best weekly performance since August on Friday. AI optimism and easing oil prices offset concerns over surging government bond yields.
Xurve View
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Xurve View
Global stocks headed for their best weekly performance since early August on Friday afternoon, lifted by artificial intelligence optimism and easing energy costs. The STOXX 600 index rose 0.6% during the session, outperforming broader markets. Investor sentiment improved as diplomatic talks between the United States and Iran raised hopes of reopening the Strait of Hormuz.
