Finance

Tech-focused equities received a notable boost from robust quarterly performances within the artificial intelligence sector. Super Micro Computer advanced following stronger-than-expected forward guidance, while AI cloud firm CoreWeave rallied sharply after beating revenue expectations and recording an exponential year-over-year revenue surge.

Global energy markets continue to navigate heightened volatility as oil prices extend gains amid persistent diplomatic friction. Skepticism surrounding an imminent deal to reopen the Strait of Hormuz has kept Brent crude trading near the $89-to-$91 range, prompting broader concerns over long-term energy supply chains.

Government bond yields held relatively steady following the release of the latest domestic consumer price data. The benchmark 10-year U.S. Treasury note hovered near the 4.68% mark, consolidating previous gains driven by recent energy price pressures and keeping borrowing costs for consumer loans at elevated levels.