Global stocks, bitcoin rally, regaining some lost ground with precious metals

Market Overview - Oil prices settled slightly higher as investors monitored U.S.-Iran talks and assessed potential supply disruptions in the Middle East, with U.S. crude up 0.41% to $63.55 per barrel and Brent up 0.74% to $68.05 per barrel [13][14][16] - The MSCI global equities gauge rallied 1.5%, marking its strongest advance in months after a series of declines, while cryptocurrencies rebounded from a significant selloff, with Bitcoin gaining 10.79% to $69,909.01 and Ethereum rising 10.88% to $2,047.77 [15][9] Technology Sector - Amazon.com shares fell 5.6% following the announcement of substantial AI spending plans, raising the total projected AI spending by major tech companies to an estimated $600 billion by 2026 [2][15] - The Philadelphia semiconductor index saw a significant rally of 5.7% after three consecutive daily losses, indicating a recovery in chipmakers [7][15] - The S&P 500's software and services index increased by 2.4% after experiencing a decline of over 17% in the previous seven sessions, reflecting a rebound in technology stocks [7][15] Stock Market Performance - The Dow Jones Industrial Average rose 1,206.95 points, or 2.47%, to a record closing high of 50,115.67, marking its first close above the 50,000 mark [7][15] - The S&P 500 climbed 133.90 points, or 1.97%, to 6,932.30, with record closes in its industrials, staples, and energy sectors [8][15] - The Nasdaq Composite finished up 490.63 points, or 2.18%, at 23,031.21, achieving its largest one-day gain since late November [8][15] Currency and Treasury Yields - The dollar index fell 0.36% to 97.61, with the euro rising 0.41% to $1.1823, indicating a shift in investor sentiment towards risk assets [11][16] - Two-year U.S. Treasury yields increased by 1.3 basis points to 3.496%, while yields on benchmark 10-year notes fell by 0.4 basis points to 4.206% [12][16]