Tech shares lead US stock market gains as geopolitical tensions push oil and gold higher

Global equity indexes rose on Wednesday as investors awaited the minutes from the U.S. Federal Reserve FED's most recent policy meeting. This upward trend occurred alongside a rebound in crude oil and gold prices, driven by renewed geopolitical developments that included the abrupt end to peace talks between Russia RU and Ukraine UA, as well as Iran IR's partial closure of the Strait of Hormuz. These factors collectively influenced currency moves and shifts in yields at the U.S. Treasury Department UST as market participants reassessed interest-rate expectations and oil supply risks.