iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Stocks fell this morning after rallying to record highs, as surging oil prices revived inflation concerns. Asian equities fell 2.5%, with South Korea’s Kospi down 6.7% after being one of the standout beneficiaries of the AI trade this year. US futures also weakened, with Nasdaq 100 contracts down 1.2%, while European futures pointed to a sharp fall at the open.

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.