Global equity markets are gaining momentum as the earnings season begins, fueled by renewed investor enthusiasm for the artificial intelligence sector.
The rally is being underpinned by robust financial results from major US semiconductor manufacturers, which have helped restore confidence in the technology theme.
4%. This technical setup suggests that buying interest is returning to growth-oriented assets after a period of consolidation.
US stock markets are positioned for their strongest quarterly performance in six years.
Futures data indicates a positive open for Monday, with the S&P 500 futures edging up 0.2% and Nasdaq 100 futures gaining 0.4%.
This technical setup suggests that buying interest is returning to growth-oriented assets after a period of consolidation.
The resurgence in AI-related stocks is not isolated to the United States.