- A rally in giant technology companies drove the S&P 500 to striking distance of a record while the Nasdaq 100 reached a fresh peak.
- US oil prices extended declines even as energy costs stayed elevated.
- Longer-dated Treasury yields hit multi-decade highs, a backdrop markets absorbed without derailing the equity advance.
- Political upheaval in Europe and fiscal worries drove the euro to its weakest level since May 2025.
- Asian stocks were set to open higher after the US tech-led rally.