World stocks rally on AI optimism; jitters over Iran persist
Global stocks experienced a rally driven by optimism surrounding artificial intelligence, while concerns over Iran's negotiations persisted. Oil prices and bond yields fell amid hopes for a U.S.-Iran deal, despite Tehran's reported suspension of indirect talks. Economic indicators showed an increase in U.S. job openings and strong manufacturing data, contributing to a positive market sentiment.
- ▪Global stocks rallied on Tuesday, buoyed by AI optimism.
- ▪Oil prices fell as hopes for a U.S.-Iran deal emerged, despite Tehran's suspension of negotiations.
- ▪U.S. job openings hit the highest level in nearly two years, indicating strong labor demand.
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Traders work on the floor of the New York Stock Exchange at the NYSE Options Market on Wall Street on Tuesday in New York City. UPI-YonhapNEW YORK/LONDON — Global stocks rallied on Tuesday, buoyed by AI optimism, while oil prices and bond yields fell on renewed hopes of a U.S.-Iran deal.Brent crude futures fell 0.1 percent to just below $95 a barrel, paring the previous session's sharp gains, after U.S. President Donald Trump said talks with Iran continued.His comments came despite a report that Tehran had suspended indirect negotiations with Washington to end hostilities, keeping investors cautious about efforts to end the three-month war and underlining the fragility of an ongoing ceasefire.AI enthusiasmAnthropic said on Monday it had confidentially filed for a U.S.
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