Stocks Surge: AI, Luxury, and Rate Cut Hints
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European stocks surge as tech giant ASML and luxury brand LVMH report strong earnings, fueled by the AI boom and renewed luxury sales. France's CAC 40 leads the rally amid political stability, while global markets get a boost from hints of US interest rate cuts. Gold hits record highs as investors seek safe havens amid trade tensions and uncertainty.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.