BUSINESSTHE RIO TIMES
LatAm Pre-Open: Tech Roars Back as Brazil Pauses at Record
Global markets saw a surge in tech stocks, with the AI trade rebounding, SMH rising 3.33%, Tesla up 8.46%, and the Nasdaq gaining 2.07%. A risk-on relief rally driven by resumed US–Iran talks shifted investments back into growth stocks, reversing a prior move to defensive assets.
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Adjacent reporting
- Taiwanese Stocks Refresh Record High on AI Trade Comeback
- Emerging Stocks Extend Rally as AI Boom Outweighs Iran Doubts
- World shares mostly advance as tech stocks rebound from sell-offs, while oil prices slip
- Asian tech stocks rebound after global rout; Samsung up 9%
- Korean Stocks Erase War Loss as Chipmakers Rise on AI Resurgence