Finance

Shares of chip designer Nvidia briefly hit an all-time intraday high, strengthening broader market averages alongside a favorable analyst note from Morgan Stanley. The enthusiasm for artificial intelligence hardware and solid sector-wide reports, such as those from Micron Technology, continued to support semiconductor components and high-tech listings.

The 10-year Treasury note pulled back to hover near 5.18% to 5.23% following its surge to multi-decade peaks earlier in the week. Despite this immediate relief providing tailwinds to equity markets, bond yields remain historically restrictive as financial markets contemplate the Federal Reserve's long-term trajectory for 2026 and 2027.

Brent crude oil futures pulled back toward the $100 to $102 per barrel threshold after hitting recent highs due to geopolitical constraints. The downward price action followed reports that the G7 and international entities decided to release oil inventories, acting as a crucial buffer against sustained energy-driven inflation.