Asian stocks opened higher, following Wall Street’s record rally fueled by robust US economic growth data. Gold, silver, and copper prices surged to new highs, while oil extended its gains amid geopolitical tensions. Despite strong US growth, bets on near-term Federal Reserve easing were scaled back as risk appetite remained firm heading into year-end.
Sticky inflation clouds rate outlook, but AI and earnings keep markets resilient: Santosh Rao
The AI-driven market rally is expanding beyond tech, with healthcare, financials, and transportation sectors showing robust participation, signaling a healthy economy. Despite sticky inflation, strong