GLOBAL MARKETS-Stocks Rise on AI Optimism; Lower Oil Helps Bonds

US stocks: US stocks rise as AI stocks rally, oil tumbles over 3% on Middle East hopes

Wall Street indexes climbed on Monday, propelled by a surge in artificial intelligence stocks. Easing Treasury yields and declining crude oil prices alleviated some pressure on the market. Investor attention shifted towards increasing technology expenditures, enhancing corporate profit forecasts. Additionally, advancements in diplomatic negotiations and hopeful prospects for trade agreements contributed to a positive market atmosphere. Bitcoin's…

GLOBAL MARKETS-Stocks rise on AI optimism; lower oil helps bonds

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Global stocks rise on AI optimism, lower oil helps bonds

Bond markets rallied, led by European debt, after six consecutive weeks of selling driven by rising interest rates and persistently high oil prices.