Global stocks rise on AI boom and oil prices, but Brazil election weighs on European shares

irishtimes.com —

Global stocks rose Monday, driven by Wall Street's AI boom and firm oil prices, though Brazil's presidential election results weighed on some European shares. Dublin's Iseq index gained 1.54 percent, with Ryanair and banks rising, while London's FTSE 100 and 250 also advanced. In Europe, Santander fell 3.24 percent and Galp Energia dropped 10.84 percent following Lula da Silva's re-election in Brazil. US markets saw early gains, with the Nasdaq 100 up 1.25 percent. Brent crude fell below $115 a barrel as officials traveled to Iran to ease tensions.


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