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The cooling of geopolitical tensions, a rally in big tech and solid economic data fueled gains in stocks, with the market remaining higher after an in-line inflation report. Bonds retreated.
Equities rose around the world, with the S&P 500 up for a second straight day after a dial-back in US threats about acquiring Greenland calmed markets. Tech megacaps were set for their best day in 2026 as comments by Nvidia Corp.’s chief Jensen Huang reinforced enthusiasm for the artificial-intelligence trade. Small caps beat the US equity benchmark for a 14th straight session.
Originally published at Bloomberg

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