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      AI bulls couldn't care less about US government shutdown | MarketTalk: What’s up today? | Swissquote

      Posted: just now

      Global

      Investors swung between US political drama and AI hype. Trump’s threat to fire federal employees amid a potential prolonged government shutdown sent jitters through markets, yet the S&P 500 and Nasdaq hit fresh all-time highs. OpenAI’s secondary share sale, valuing the company at ~$500bn, fueled excitement across tech, boosting Nvidia, SK Hynix, Samsung.

       

       Markets are grappling with high valuations and FOMO, while bets on multiple Federal Reserve (Fed) rate cuts linger. Weak private jobs data added to dovish sentiment, but official reports remain delayed due to the shutdown – and that’s a worry for the Fed visibility. In FX, EURUSD and GBPUSD are stuck near resistance levels, while gold consolidates near all-time highs and US crude tests clears slips below $62pb amid OPEC supply expectations. Watch the full episode to find out more! 

      Image for AI bulls couldn't care less about US government shutdown | MarketTalk: What’s up today? | Swissquote
      https://www.youtube.com/watch?v=Uwhbkv0r3Q0
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