Global Stocks Rise as S&P 500 Eyes Eighth Weekly Gain
Global equities climbed on Friday as the S&P 500 remained on track for its eighth consecutive weekly advance despite ongoing uncertainty surrounding U.S.-Iran peace negotiations. While Brent crude rose to $105 per barrel, investors focused on strong AI-related earnings and a resilient U.S. economy.
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S&P 500 futures rose 0.13% in midday trading as U.S. equities prepared for an eighth consecutive weekly gain. The rally persists despite geopolitical tension in Iran and a 2.5% increase in Brent crude oil prices. Investors are prioritizing strong corporate earnings and AI demand over Middle East energy risks and shifting interest rate expectations.
