Finance

South Korean semiconductor giant SK Hynix completed a massive $26.5 billion public share sale, marking a historic listing for a foreign company on Wall Street. The stock surged 13% above its initial offer price during its first day of trading on the Nasdaq. The blockbuster debut has revitalized optimism surrounding memory-chip manufacturers and artificial intelligence hardware suppliers.

Bitcoin and Ethereum recorded steady gains, pushing their seven-day performance up nearly 3% following a sharp downturn in the previous month. Institutional interest showed signs of recovery as U.S. spot Bitcoin ETFs attracted more than $90 million in net inflows on Friday, led heavily by BlackRock's spot fund. The upward momentum pushed Bitcoin past the $64,000 threshold, wiping out previous losses tied to geopolitical concerns.

International crude benchmarks eased slightly at the end of the week, with Brent crude dipping to around $76 per barrel. The stabilization comes as market participants react to mixed diplomatic signals regarding the ongoing conflict involving Iran. Despite the recent cooling, high energy prices remain a central focal point for investors assessing future inflation risks and central bank policies.