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European Stocks Climb Amid AI Sector Momentum

Doha: European stocks rose in Thursday’s session, supported by momentum in the artificial intelligence sector that outweighed geopolitical concerns related to developments in West Asia. The pan-European STOXX 600 index gained 0.4 percent to 614.05 poi…

Dollar Boosted by Rising US Bond Yields

New york: The dollar got a lift from elevated US Treasury yields on Thursday as investors wagered the Federal Reserve would hike rates this year, while an impasse between the US and Iran over the war in the Middle East drove more safe-haven flows.

A…