Tech Leads Global Markets Higher | Dublin News

Global markets surged to new highs this week, fueled by tech earnings and softer US jobs data that cooled Fed rate hike expectations. Europe led the charge, with Dublin’s stocks up 2% daily and 4% weekly, driven by Kingspan’s 18% spike after boosting profit forecasts and pausing its buyback for acquisitions. London’s indices also soared, with midcaps posting their strongest weekly gain since April. Across the continent, the Stoxx 600 hit a record high, powered by tech gains mirroring Wall Street. In the US, tech and consumer stocks rallied as Treasury yields fell, while SpaceX and Tesla both gained sharply despite Elon Musk’s share lock-up ending. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e8a96dd90bc14940