Pulse of the Street: Markets Log Modest Weekly Gains, but Iran Tensions Keep Sentiment Fragile

Pulse of the Street: markets log modest weekly gains, but Iran tensions keep sentiment fragile

Equities ended marginally higher, but geopolitical tensions and crude volatility weighed on underlying sentiment this week. With global capital chasing AI-led opportunities elsewhere, earnings remain the only near-term anchor for markets.

Global Markets Ride AI Wave Amid Geopolitical Tensions

Global stock markets largely roared higher this past week, with numerous benchmark indices achieving record highs before experiencing a slight Thursday pullback. Whilst prospects for a U.S.-Iran peace deal generated some volatility, market focus predominantly remained fixed on the relentless artificial intelligence (AI) chip boom. This technological surge continued to propel equities, driving significant gains for key players like U.S. chipmaker…