© Reuters. FILE PHOTO: Passersby walk past an electric monitor displaying Japan’s Nikkei share average and recent movements outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato/File Photo
By Herbert Lash and Marc Jones
NEW YORK/LONDON (Reuters) -AI chipmaker Nvidia (NASDAQ:)’s stunning results sparked a worldwide wave of record highs in equity markets on Thursday, including the first new peak for since 1989, while bond yields mostly rose as economic data kept immediate hopes of interest rate cuts at bay.
The benchmark and on Wall Street, along with Europe’s pan-regional index and MSCI’s all-country world index also hit record highs as Nvidia’s shares surged 16.4% and lifted artificial intelligence-related chip stocks around the globe.
National bourses in Frankfurt and Paris set fresh highs too, while Chinese stocks overnight extended their winning streak to eight straight sessions.
After the bell on…
