• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Renewed confidence in AI drives global stock market recovery

FinanceInternationalXTB.com40 s readAI summary
Image: XTB.com

Markets are recovering from the recent selloff in tech stocks, with indices trading higher from Tokyo to New York. The KOSPI rose 3.1% and the Nikkei 225 gained 1.7%, while in Europe the Stoxx 600 added 0.2% and the FTSE 100 fell 0.9% on HSBC's 6% drop. The shift was driven by three large AI-related deals: Anthropic's IPO filing, a Meta share issuance of up to $95 billion and $63 billion raised by Broadcom.

In 40 seconds

  • South Korea's KOSPI rose 3.1% and Japan's Nikkei 225 gained 1.7%, lifted by chips and semiconductor equipment.
  • European gains were modest: Stoxx 600 +0.2%, DAX and CAC 40 between +0.3% and +0.4%, while the FTSE 100 fell 0.9% on HSBC.
  • Three AI deals marked the turn: Anthropic's IPO, a Meta share issuance of up to $95 billion and $63 billion raised by Broadcom.
Read the full story at XTB.com

IASummary generated by artificial intelligence from a story by XTB.com. It may contain errors: the original source prevails.

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