Wall Street mixed, Europe and Gulf rise
U.S. stock market indices rose, led by the Nasdaq, which hit a record high due to the rise in technology and artificial intelligence stocks, particularly Microton and Facebook, amid anticipation of developments in the AI field and concerns over its competitors. The Standard & Poor’s index declined slightly, while the Dow Jones saw a decrease. Europe experienced a modest increase amid cautious optimism regarding the situation in Iran and the ongoing war, with expectations of a diplomatic breakthrough. Meanwhile, Gulf markets showed mixed performance, with some stocks declining and others rising. The decline in oil prices supported investor sentiment in Asia, where technology and AI company stocks surged noticeably, especially in South Korea, Taiwan, and China.
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