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06.08.2026 02:28 PM
Global markets hit records on AI interest and hopes for Hormuz agreementGlobal markets hit fresh records, with S&P 500 futures rising by 0.3%, while Europe’s Stoxx 600 and the global MSCI ACWI also reached all-time highs. Support came from surging interest in the AI sector (particularly chipmakers), strong corporate earnings, and easing pressure from rising yields and energy prices.
An additional factor is expectations of a US-Iran deal on the Strait of Hormuz, which is easing pressure on the oil market,
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