The Intelligence Layer Beyond Your Own Book

Global equities held near record highs as investors waited for fresh catalysts from the US–China summit. The MSCI All Country World Index was little changed after closing at a record, while US and European futures edged higher. Mainland Chinese shares underperformed, with the Shanghai Composite down 0.9%, even as the offshore yuan extended its winning streak.

Stocks swung higher as dip buyers returned to chipmakers, with investors continuing to back the AI trade despite the backdrop of inflation and geopolitical risks. Asian equities rose 0.5%, while South Korea reversed early losses to gain 2.4%, led by SK Hynix and Samsung.

Stocks softened as renewed doubts over the US–Iran ceasefire pushed oil higher and weighed on risk sentiment. S&P 500 futures fell 0.2% and Nasdaq 100 futures dropped 0.5% after Wall Street closed at record highs, while European futures pointed lower.