Markets Rise on AI Gains and Strong Earnings
TL;DR Summary
Global stock markets rose amid optimism over AI growth, strong US bank earnings, and positive US business surveys, despite ongoing US-China trade tensions and government shutdown concerns. Major chipmakers like TSMC and ASML highlighted the strengthening AI megatrend, while US market gains were supported by upbeat bank results and a surprising uptick in business sentiment. Gold prices hit new highs, and market sentiment remained cautious about trade disputes and government shutdown impacts.
- Morning Bid: AI fizzes and banks are buoyant Reuters
- Stock market today: Dow, S&P 500, Nasdaq rise as TSMC's stellar earnings eclipse trade-war jitters Yahoo Finance
- Futures Rise As AI Chip Giant Tops In Whipsaw Market Investor's Business Daily
- U.S. stocks open higher on earnings optimism MarketWatch
- Strong Bank Earnings Push S&P 500 Higher The Wall Street Journal
Reading Insights
Total Reads
1
Unique Readers
3
Time Saved
6 min
vs 7 min read
Condensed
94%
1,233 → 72 words
Want the full story? Read the original article
Read on Reuters