Global equities are heading for their best week since early May as renewed signs of expansion in Asian activity gauges helped lift stocks out of their mid-week doldrums.
Market Trends
The MSCI All-Country World Index is up 1.7% for the week after Purchasing Managers’ Index (PMI) data for China, Japan, Australia and Singapore released on Friday indicated solid expansion across the region.
Investors shrugged off signs from Silicon Valley that the agentic AI future may be further off than first thought when Meta CEO Mark Zuckerberg acknowledged shortcomings in the company’s sweeping restructuring at an internal town hall on Thursday.
In early European trades, pan-region futures were up 0.3%, German DAX futures gained 0.5% and FTSE futures were 0.2% higher. S&P 500 e-mini futures were up 0.3%.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
