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Global Equities Reach All-Time High, Driven by Technology Sector

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Global Equities Reach All-Time Highs

Global equity markets have reached an all-time high.

This extended rally follows a rebound in US technology shares, which has contributed to market stability amidst prior concerns regarding artificial intelligence spending.

The MSCI All Country World Index, a broad measure of the equity market, advanced by 0.2%, setting a new record.

Asian shares also increased by 1.1%, reaching an all-time high, with technology companies like SoftBank Group Corp. noted as leading contributors.

Following the S&P 500 closing near a record on Monday, US and European equity-index futures experienced a 0.1% decline on Tuesday, indicating a potential market adjustment.