Global stocks surged to new record highs as AI optimism continued to dominate market sentiment despite escalating concerns over the fragile US-Iran ceasefire. The Nasdaq 100, S&P 500, Nikkei 225, and KOSPI extended gains while semiconductor shares and AI infrastructure themes remained key drivers. Meanwhile, rising oil prices and stronger inflation expectations lifted Treasury yields and reinforced a hawkish Federal Reserve outlook ahead of the crucial US CPI report.
12-05-2026 01:00 GMT
by Kelvin Wong