Stocks Bask In Tech Mania, Nvidia Boom

SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results sparked a wave of record highs from Asia to Europe and the U.S., while the yen nursed losses on a range of currencies. European markets pointed to higher openings with EUROSTOXX 50 futures up 0.1% and FTSE futures gaining 0.2%. U.S. futures were mostly flat. Nvidia surged 16.4% overnight, adding a record $277 billion in market value. The company’s results supercharged a global AI-led rally in technology stocks, propelling the S&P 500, the Dow Jones Industrials, Europe’s STOXX 600 and Japan’s Nikkei share average to record highs. Japan is closed for a public holiday on Friday, but Nikkei…

Source: Global Banking & Finance Review
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