Iran war and AI boom drive wild ride on global markets

LONDON, June 30 (Reuters) - Investors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all things AI and otherworldly.

Global stocks are now $7 trillion higher than at the end of 2025, even though ‌the war caused a $9 trillion drop in March, when oil shot to $120 a barrel and hopes of lower interest rates were dashed.

What caused the $7 trillion global stock market surge?

What's driving South Korea's 100% market surge?

Why are the Magnificent Seven tech stocks underperforming?

South Korea's stock market has surged ‌by 100% and Elon Musk's $2 trillion SpaceX has blasted off, but the "Magnificent Seven" tech giants are down as a set and gold has suddenly lost its shine.

Chief economic adviser at Equity Bank, Charlie Robertson, said it has ​been astounding, not because of what has happened, but because of what has not happened.

"We have had one of the greatest geopolitical shocks that it has been possible to imagine and it has still not undermined global markets," he said.

The MSCI All-Country World index has jumped almost 10%, or roughly $7 trillion in market capitalisation, in the fi

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/articles/iran-war-ai-boom-drive-145112155.html)