Report Summary
• Global equity markets pulled back as investors paused for fresh catalysts, with US stocks slipping amid concerns over stretched valuations, a prolonged government shutdown, and a tech-led rally raising bubble fears. AI-related stocks like Oracle and Nvidia remained bright spots, while sectors such as materials and housing underperformed.
• European markets faced pressure from the banking sector and French political uncertainty, while Asia-Pacific equities gained, led by strong performance in Chinese and AI-related tech stocks. The Singapore market followed the global trend with a modest dip, while commodities showed mixed movements, with silver surging to multi-decade highs.

Above is an excerpt from a report by OCBC Investment Research. Clients of OCBC Investment Research can be the first to access the full report from the OCBC Investment Research website : https://www.ocbc.com/wealth-management/investments/research.html