Global stock market rally scene at sunrise: trading floors and digital billboards in New York and Asia glow green with upward charts, led by sleek AI and semiconductor imagery symbolizing Nvidia’s data center boom. A balanced montage shows bustling traders, glowing circuit patterns, and server racks, alongside a central bank building with a “rate cut” symbol. In the background, oil tankers and pipelines under warm light hint at rising crude prices, while faint bond yield graphs add a cautious tone. Clean, modern, optimistic atmosphere with dynamic motion and global connectivity.
Summary
Asia-Pacific and U.S. markets advanced after a U.S. trade court ruled President Trump exceeded his authority on “reciprocal” tariffs, easing trade escalation fears and boosting risk sentiment. Nvidia’s strong earnings, powered by surging data center revenue tied to AI demand, further propelled futures and tech-led gains, spilling over to global equities. Central bank support, notably the Bank of Korea’s rate cut, added to the upbeat tone, while oil prices climbed amid Russia supply concerns and potential OPEC+ adjustments. Despite prior-session weakness on rising yields, investors eyed a resilient month-end rally led by AI beneficiaries, while political and policy uncertainties—including White House pushback on the ruling and delayed tariff decisions—remained in focus.
Key Points
- U.S. court vacates Trump’s “reciprocal” tariffs, boosting risk appetite
- Nvidia’s data center-driven beat ignites AI-led tech strength globally
- Asia-Pacific equities rally; Bank of Korea cuts rates to 2.5%
- Oil rises on supply risks despite potential OPEC+ increases
- Rising yields and policy uncertainty pose constraints to rallies