Global stock markets climbed as investors continued betting on artificial intelligence, led by a massive profit surge from SK Hynix and gains in US tech shares.
US tech stocks fell sharply on Thursday with the Nasdaq dropping 2.6 percent. Investors are questioning the sustainability of massive AI capital spending.
Oil prices fell after President Trump said the US will not attack Iran before the November 3 midterm elections, easing fears of a wider conflict in the Middle East.
