Global markets are tracking a dual-theme session as energy prices extend their recent rally amid escalating geopolitical risks, while US equities find support from a rebound in technology shares.
The cross-asset move suggests investors are balancing supply-side anxiety in the energy complex with renewed confidence in growth sectors.
In equities, the S&P 500 and Nasdaq 100 posted solid gains, with the tech-heavy Nasdaq rising nearly 2%.
Brent crude continues its upward trajectory, driven by persistent concerns over supply disruptions.
The extension in oil prices reflects market pricing of ongoing geopolitical tensions, which have kept shipping routes and export flows under scrutiny.
This supply-side pressure is providing a floor for energy valuations even as broader risk sentiment stabilizes.
In equities, the S&P 500 and Nasdaq 100 posted solid gains, with the tech-heavy Nasdaq rising nearly 2%.