Cxmt

Amazon’s strong move and lower oil prices helped support major stock indexes, while semiconductor weakness kept the rally uneven. Strong ISM manufacturing signals put the focus back on the Fed and Friday’s payrolls report.

Global investors are lining up for major artificial intelligence infrastructure listings, with SK Hynix and CXMT preparing large offerings that underscore the scale of capital chasing semiconductors and memory chips. The rush into AI linked equities is intensifying concerns that crypto assets, including Bitcoin, could remain sidelined as liquidity concentrates in technology infrastructure.