Global equity markets extended gains as optimism around artificial intelligence boosted investor sentiment, with Asian indices tracking Wall Street’s record highs. Oil prices remained steady after recent volatility linked to Venezuela’s political crisis. Investors now await US economic data and Federal Reserve signals for further direction on monetary policy.
Global markets opened the year on a strong note, driven by renewed confidence in artificial intelligence-led growth and stabilizing commodity prices. Asian indices surged, following Wall Street’s record highs, while European and US futures pointed to continued resilience. Oil prices steadied after sharp swings last week, reflecting cautious optimism in energy markets.
Key highlights from the announcement include
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Asian markets rose, with the Hang Seng Index rallying above 26,000 on AI-linked tech bets.
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Wall Street recorded its first major high of 2026, fueled by investor enthusiasm for AI monetization.
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European equities tracked gains, supported by strong manufacturing data and easing inflationary pressures.
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Oil prices stabilized after recent volatility triggered by the ouster of Venezuelan President Nicolas Maduro.
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Brent crude hovered near $78 per barrel, while WTI traded around $74, reflecting balanced supply-demand dynamics.
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Investor focus is shifting to upcoming US economic data releases, which could influence the Federal Reserve’s next interest rate decision.
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Precious metals retreated from recent highs, signaling a rotation of capital back into equities.
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Analysts suggest AI optimism is driving a new wave of investment, particularly in technology and semiconductor sectors.
The rally underscores how artificial intelligence continues to reshape investor sentiment globally, positioning tech as a key growth driver for 2026. With oil prices steady and macroeconomic indicators showing resilience, markets appear poised for cautious optimism, though attention remains fixed on monetary policy and geopolitical risks.
Sources: Gulf News, IG Market Navigator, Financial Content