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Global stocks rise on tech support
Global stocks reflected a positive performance supported by the technology sector, which rose noticeably after the U.S. Federal Reserve's decision to keep interest rates steady and strong earnings results from major companies like Microsoft and Samsung. The profits of these companies helped dispel concerns about spending on artificial intelligence, fueling a rise in the indices despite cautiousness regarding inflation data and energy market fluctuations. Conversely, the Japanese Nikkei index declined by more than 1% due to a drop in technology stocks linked to Wall Street markets, amid ongoing fears over the high costs associated with technological advancements and investments in that sector.
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