Key Facts
What the world’s markets decided: the AI trade roared back, with chips surging (SMH +3.33%), Tesla jumping +8.46% and the Nasdaq up +2.07%. A risk-on relief rally, helped by resumed US–Iran talks, pulled money back into the hot growth trade.
The rotation reversed: money flooded out of last week’s defensive havens and back into growth, so healthcare barely moved (+0.25%) while semis and consumer tech led. Apple −0.72% and Microsoft −1.18% slipped even as Tesla, Alphabet and Amazon soared.
Korea’s chips rebounded hard: Samsung surged +4.95% and the KOSPI +2.13%, with Taiwan +3.40%, after Samsung and SK unveiled a vast new chip-investment plan. The selloff that gripped Seoul last week sharply reversed.
Commodities flipped: oil bounced +1.52% while gold fell −1.35% and copper eased −0.27%, a risk-on mix that helps the region’s energy names but cools its metals.
