Global stock markets rise as investors continue to bet on AI

Global markets advanced as investors remained optimistic about technology giants driving the artificial intelligence boom. On Tuesday, the Nasdaq gained 1.18 percent, the S&P 500 rose 0.6 percent and the Dow Jones edged up 0.03 percent; Tesla led major technology stocks with a 4.04 percent gain. In Asia-Pacific, South Korea’s KOSPI climbed 5.84 percent after SK Hynix reported third-quarter operating profit up about 630 percent year-on-year, sending its shares up more than 8 percent. Japan’s Nikkei, Taiwan’s TAIEX and Australia’s S&P/ASX 200 also rose.