Stocks Rise as AI Trade Faces Nvidia Earnings Test – Europe Market Wrap

Stocks gained as traders awaited Nvidia’s earnings to see if the chipmaker could reclaim its position as the primary driver of the AI market.

S&P 500 futures rose 0.2% on Tuesday’s comeback in battered software companies. Treasuries sank as money markets reduced bets on US interest rate decreases. South Korea’s stock market worth surpassed that of France, thanks to technological improvements. Oil remained near its highest level since July, as Trump fuelled concerns that he is ready for military action against Iran.

Bitcoin lost some of its early gains, trading around $65,500. The Dollar fell as Trump reiterated his commitment to tariffs, only to reverse the decision. European equities climbed 0.5%, setting a new record, as banks and miners rebounded. Gold and silver prices increased.

While Treasuries demonstrated their haven status during Monday’s tech selloff, longer-term pressures like as inflation, tariffs, and fiscal concerns persist, according to Laura Cooper, head of macro credit at Nuveen.

Long-term bond rates in Japan rose further after PM Takaichi’s cabinet nominated two dovish new Bank of Japan policy board members. The Yen dropped 0.5%, the lowest performance among major currencies.