Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the challenges of securing a lasting agreement.
The boom in artificial-intelligence stocks looks set to run further, according to a Bank of America Corp. survey, which found the majority of investors believe that the fear of missing out is continuing to drive the trade.
European stocks closed modestly higher Monday, ceding most of their earlier gains sparked by an interim US-Iran agreement to reopen the Strait of Hormuz.
European equities snapped a four-day losing streak, with energy shares leading gains in the index while the European Central Bank’s first interest-rate hike in three years lifted banks.
Three months into the Iran war, it has become all but impossible to damp the bullish spirit driving global markets for risky assets.
The New York Stock Exchange (NYSE) in New York, US, on Tuesday, May 26, 2026. Wall Street kicked off the holiday-shortened week with stocks joining bonds higher as hopes for a peace deal between the US and Iran overshadowed military strikes in the Persian Gulf.
European stocks were steady after erasing gains as hopes for a deal between Tehran and Washington were dampened by the White House denying Iranian reports about a draft memorandum of understanding.
Shares in Eutelsat Communications are headed for their best week in nearly a year, as enthusiasm over the highly anticipated initial public offering of Elon Musk’s SpaceX spurs investor flows into the sector.
A Eutelsat OneWeb LEO satellite. Photographer: Krisztian Bocsi/Bloomberg
Investors are fervently chasing the hot rally in tech and AI stocks while widely acknowledging that rising yields threaten to knock equities off course.
The rebound in global stocks from their Iran war lows has been so narrow that the market is primed for broader gains triggered by even slightly positive news, according to strategists at JPMorgan Chase & Co.
European stocks fell as tensions in the Strait of Hormuz pushed up oil prices and US President Donald Trump’s threat of higher tariffs on car imports from the region weighed on auto shares.
A clamor by investors for stocks that stand to benefit from the boom in artificial intelligence has propelled a little‑known French company to the top of Europe’s 2026 equity rankings.
The prospect that the Iran war will reintensify after the failure of peace talks threatens to spark fresh volatility across global markets, after a week that saw a fragile ceasefire drive stocks up and oil down by the most this year.
Some of the world’s largest investment firms are buying bonds and artificial-intelligence stocks while selling the dollar in a bet that the worst of the global selloff may be over.
Amundi SA has been buying into the selloff in equity markets just as most investors were slashing their stock exposure on fears of an escalation in the Iran war. It paid off.
US sailors on the flight deck of the USS Gerald R. Ford aircraft carrier on March 16.