Bonds & Stocks
Technology stocks rallied around the world after blockbuster earnings from ASML Holding NV and SK Hynix Inc. added fresh fuel to the artificial-intelligence trade. The S&P 500 is heading toward the 7,000 mark when US markets open. Nasdaq 100 futures climbed 0.8%, putting the index within touching distance of its October record.
Economy
President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline. The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened excessively.
World
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress. Gross domestic product is seen expanding by 1% this year and by 1.3% in 2027.