Global equities reached new records as optimism around artificial intelligence propelled Asian stocks and US tech shares higher. The S&P 500 and Nasdaq 100 hit new highs, with Alibaba also surging. This strong tech momentum overshadowed concerns about a US government shutdown and potential federal job cuts.
Rupee flat on hopes West Asia truce will hold
The Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a West Asian