Global stocks rise on tech dip-buying; oil falls as Israel-Iran tensions ease
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Global stocks rallied on Tuesday as investors bought the dip in tech stocks, with the STOXX 600 edging up 0.5% led by ASML and Infineon, and U.S. stock futures rising 0.4-0.6% including gains in Nvidia, Eli Lilly and Goldman Sachs. Oil prices fell after Israel and Iran agreed to halt attacks on one another for now. OpenAI confidentially filed for a U.S. IPO, highlighting continued excitement around artificial intelligence.
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Oil prices fell after Israel and Iran agreed to halt attacks on one another for now
Excitement about artificial intelligence was front and centre, with ChatGPT maker OpenAI confidentially filing for a U.S. IPO
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