Asian tech shares rallied Thursday. Gold reached a new record high. The dollar lost ground. A weak US labor report bolstered bets for Federal Reserve rate cuts. This market sentiment lifted indexes despite a US government shutdown. Oil prices also gained. Traders expect easier policy ahead, influencing global finance.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment