![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
The stock market kicked off the week on a high note, driven by a surge in semiconductor shares, extending gains from the prior week.
Stock markets began the week on an optimistic note, thanks to a surge in semiconductor shares. This optimism follows gains made in the previous week.
Semiconductor Boom Fuels Market Optimism
Major semiconductor stocks rallied after Foxconn, a key assembler for Nvidia and Apple, reported quarterly revenue that broke records. High demand for AI-powered servers led to substantial gains for Advanced Micro Devices, Micron Technology, and Super Micro Computer among U.S. chipmakers. Nvidia shares closed up by 3.4%, hitting a record and contributing to the positive market sentiment.
Trade Policy Speculation Eases Investor Concerns
Investors reacted positively to a report in the Washington Post, which suggested that President-elect Donald Trump's administration might consider targeted tariffs on critical imports rather than blanket tariffs. This approach could potentially reduce the risk of economic fallout, such as rising prices and a stronger dollar, which might harm U.S. exporters.
Bond Market Pressures Persist
Despite optimism in trade policy, the bond market experienced continued selling pressure. The 30-year U.S. Treasury yield increased to its highest level since November 2023. This rise was driven by concerns about inflationary pressures resulting from potential steep tariffs, tax cuts, and faster economic growth.
Market Highlights
Global Market Movements
South Korea’s Kospi rose by 1.9%, while Japan’s Nikkei 225 fell by 1.5%. In Europe, the Stoxx 600 index advanced. Meanwhile, the Canadian dollar strengthened after Prime Minister Justin Trudeau announced his resignation following nearly a decade in office.
Analysis: Semiconductor Rally Highlights AI Influence
As markets adjust to changing geopolitical and economic conditions, the rally in semiconductors highlights the increasing impact of AI and technology on global finance.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Whales Are Loading Up on These Altcoins, Sending Their Prices Soaring
- Apr 26, 2025 at 06:40 pm
- The altcoins sector has gained notable traction as Bitcoin and the broader financial market recovered recently. However, the latest data indicates that the whales are shifting their focus to these specific coins for now.
-
- Bitwise Asset Management Registers “Bitwise NEAR ETF” in Delaware, Signaling Early Move Toward Offering a Spot Near Protocol (NEAR) ETF
- Apr 26, 2025 at 06:40 pm
- Bitwise Asset Management has registered the “Bitwise NEAR ETF” in Delaware, signaling an early move toward offering a spot Near Protocol (NEAR) ETF in the United States.
-
-
- SUI, SEI, and XYZVerse stir crypto buzz for 2025 — AI offers bold insights that could reshape the next bull run.
- Apr 26, 2025 at 06:35 pm
- As the crypto market looks ahead to 2025, two contenders are catching everyone's attention: SUI and SEI. Which one will emerge as the leader in the next bull run?
-
-
- Benjamin Bunny 50p coin is listed on the online marketplace for over 300,000 times its face value and features Beatrix Potter's character Benjamin Bunny
- Apr 26, 2025 at 06:30 pm
- The item is listed on the online marketplace for over 300,000 times its face value and features Beatrix Potter's character Benjamin Bunny.
-
-
- Pi Coin (PI) Price Prediction: When Will PI Reach $5?
- Apr 26, 2025 at 06:25 pm
- Pi Coin price has dropped by 26% in the last month, with this downtrend mirroring the performance of most newly-launched altcoins. However, if the trend reverses today, and PI records a steady increase in retail interest that sparks a 10% growth every month
-