Global equity markets show mixed gains as AI hype, oil prices and geopolitical risks sway investors

U.S. stock indexes posted modest gains on Tuesday, with the Dow Jones up about 0.5 % to 51,300 points and the S&P 500 and Nasdaq hovering near record levels. The rally was driven by continued enthusiasm for artificial‑intelligence‑related stocks – Hewlett Packard Enterprise jumped 19 %, Marvell rose 30 % after Nvidia’s chief called it the next trillion‑dollar company, and Infineon in Germany logged a 6 % gain, its strongest since 2000.

In Europe, Germany’s DAX rose roughly 0.7 % to 25,180 points, buoyed by the same AI‑driven optimism, while Bayer fell 4.7 % on unrelated concerns. The German market’s technical resistance was noted near 25,200 points.

Turkey’s BIST 100 opened higher after the holiday break, gaining about 0.3 % to 13,800 points and later reaching 13,820. Analysts highlighted support around 13,600‑13,500 and resistance near 13,800‑13,900. The lira traded at 45.93 per dollar as Middle‑East tensions kept risk sentiment elevated.

Silver prices stayed in a tight range around $74‑75 per ounce, with analysts warning of a sixth consecutive year of supply deficits and pointing to industrial demand from renewable‑energy and AI data‑centers. Technical resistance was identified near $83, while support lay around $70‑71.

Oil prices hovered near $96‑97 a barrel, and the U.S. dollar index slipped slightly. Ongoing diplomatic talks between the United States and Iran and broader Middle‑East volatility continued to influence markets worldwide.