Across the Atlantic, US stocks advanced and the S&P500 hit a fresh record-high on the back of investment and partnership announcements from AI developers. Meanwhile, US Treasury yields edged higher amid little to no progress in the negotiations to end the government shutdown.
Elsewhere, Japanese stocks rallied nearly 5% after Sanae Takaichi won the ruling party’s leadership race. Takaichi is seen as favoring stimulus to support growth. The yen weakened to 150 against the dollar, and, against the euro, to the lowest since the 1990s, to 176.
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