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AI rally lifts equities

Asian shares moved higher on Tuesday after technology stocks propelled US indices sharply higher on Monday, with investor attention also turning to US President Donald Trump’s meeting with Chinese President Xi Jinping later in the week. Japanese markets were closed for a public holiday, while Chinese and Hong Kong equities posted modest gains. Oil prices rose as tensions between Washington and Tehran intensified, leaving Brent crude above USD 100 per barrel.

  • Data
  • Autore Shane Strowmatt, Senior Investment Writer
  • Tempo di lettura 5 minuto

AI
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Asian equities rose on Tuesday, led by technology stocks after a US artificial-intelligence rally lifted risk appetite. South Korea’s KOSPI gained 0.1%, with Samsung Electronics and SK Hynix rising. Mainland China’s CSI 300 increased 0.3% and Hong Kong’s Hang Seng Index advanced 0.2% ahead of US President Donald Trump’s meeting with Chinese President Xi Jinping on Thursday. Japanese cash markets were closed for a public holiday on Tuesday.

Oil remains above USD 100

Oil prices increased on Tuesday after US Treasury Secretary Scott Bessent said Iranian airlines would be barred from operating from Wednesday, heightening concerns over tensions between Washington and Tehran. Brent crude oil futures rose 1.5% to USD 101.79 per barrel after falling more than 3% on Monday, while West Texas Intermediate (WTI) futures gained 1.2% to USD 93.43 per barrel. The US Dollar Index stabilised above 100 points, while gold was trading slightly lower at USD 4320 per ounce.

US shares rally on AI optimism

US equities rose sharply on Monday, with the Dow Jones Industrial Average gaining 0.7% to 52,048.83 points, the S&P 500 advancing 1.5% to 7764.70 and the Nasdaq-100 climbing 2.8% to 30,482.35, a three-month high. Hopes for diplomatic progress in the Middle East and falling oil prices on Monday eased recent inflation concerns. Facebook parent Meta surged 11.3% after its new Muse artificial-intelligence assistant topped the free-app rankings in the US, lifting chipmakers including ARM Holdings, Intel and AMD by between 10% and 17%.

Bitcoin rally fuels crypto recovery hopes

Bitcoin rose to briefly trade above USD 87,000 on Monday, its highest level since late January. It was trading 4.4% higher at around USD 85,200 on Tuesday morning. The cryptocurrency has gained more than 7% over the past five days and nearly 35% in the past three months, although it remains below its October 2025 record of more than USD 126,000. The gains come despite the US Senate blocking the Clarity Act from advancing last week.

European shares rise as oil declines

European equities gained on Monday as Brent crude briefly fell below USD 100 per barrel, easing inflation concerns, while investors anticipated diplomatic efforts to reduce tensions in the Middle East. The EuroStoxx 50 rose 1.3% to 6318.20 points, while Switzerland’s SMI increased 1.2% to 13,956.58. Technology stocks led the advance amid US-China discussions on artificial intelligence, with AMS-Osram jumping almost 24% after reporting a technological breakthrough in components used for AI infrastructure.

Corporate and economic calendar

Corporate news in focus: There is no major corporate news scheduled today.

Economic data in focus: European Central Bank President Christine Lagarde speaks (13:00), Richmond Fed Manufacturing Index (16:00).

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