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Global Markets Rally on AI and Middle East Hope | Tulsa News
Description
Asian markets surged this week as AI-driven chipmakers led gains, pushing Japan’s Nikkei and South Korea’s Kospi up over 3%. Oil prices dipped on hopes for Middle East de-escalation, while U.S. earnings from Palantir and Caterpillar eased bubble fears. Iran and Oman inch closer to a deal reopening a vital shipping lane, reducing geopolitical risk. Despite inflation worries, U.S. job openings remain high, underpinning global market resilience amid tech advances and improved international relations.
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