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Markets Soar on Iran, AI Buzz
Description
Markets surged worldwide Wednesday, driven by optimism over a potential US-Iran deal and AI-powered trading. Stocks climbed, oil prices plummeted, and the dollar weakened. S&P 500 futures rose 0.3%, while the MSCI All-Country World Index hit a new high. Asian shares, excluding Japan, jumped 2.8%. Wall Street continued the rally from Tuesdays records. The yen strengthened 1.8% against the dollar. Samsung Electronics soared 14.8% in Seoul, surpassing a $1 trillion market cap. Advanced Micro Devices surged 16.5% after-hours on strong revenue forecasts. Gold rose 2.1%, US ten-year Treasury yields held steady, and cryptos dipped slightly. Keep an eye on the Iran situation and AI momentum for the rest of the week.
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