Finance

Enthusiasm surrounding the chip manufacturing industry accelerated following early signs of success for Meta Platforms' new AI agent. Advanced Micro Devices experienced a massive single-day gain of roughly 10%, officially pushing the semiconductor giant's market capitalization past the $1 trillion milestone.

Broader financial markets found strong support as commodity pressures cooled, with international benchmark Brent crude falling below $100 per barrel for a fourth consecutive day of losses. This retreat in energy costs simultaneously pulled down sovereign bond yields, pushing the 10-year U.S. Treasury note yield below the 5% threshold.

Investor attention is pivoting toward an upcoming meeting in Washington between President Trump and Chinese President Xi Jinping. Preliminary trade discussions have been hailed as successful, and the formal talks are slated to heavily feature critical topics including artificial intelligence guidelines and the extension of a tariff truce.