US EditionWall Street Rallies to Record Highs as AI Stocks Soar, Recession Fears Ease
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4 Articles
Wall Street rallies to record highs as AI stocks soar, recession fears ease
US stock markets hit all-time highs on Friday thanks to an AI boom and Fed hints at looser policy ahead. Trade deals with the UK and China have also fuelled market hopes that a global recession could be avoided.
Global stocks have reached a new record high for the first time in four months. Scenarios in which U.S. President Trump's high tariff policies would plunge the global economy into a recession have receded. With growing expectations of a U.S. interest rate cut, money is flowing back into U.S. AI (artificial intelligence)-related stocks, which have strong growth prospects. The representative global stock index, MSCI ACWI (denominated in local curr…
Markets are now benefiting in the short term from the growth of tech giants and hopes for tariff deals. However, rising geopolitical risks, fiscal uncertainty in the US and the question of the future of the Fed suggest that the tumultuous era is far from over.
Investments managed by computers are an expression of technological progress and a long list of advantages for clients. In the West, they are gaining popularity, in Poland - it is still magic. Algorithms and artificial intelligence are more quickly accepted in our advisory services.
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