AI Exuberance Pushes Equities Higher as Dollar Strength Persists
Fundamental Overview Markets continue to operate under two contrasting narratives: strong risk-on momentum in US equities alongside a more cautious backdrop created by elevated bond yields, restrictive central-bank policy and a strengthening US dollar. Artificial intelligence remains the dominant force behind equity-market performance. The Nasdaq has reached all-time highs, while the S&P 500 continues to…