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Stock markets hit new highs on record earnings and AI-driven growth.

Market News
16 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Stock markets surged to new record highs, driven by strong corporate earnings and ongoing enthusiasm for artificial intelligence trends. The confirmation of Kevin Warsh as the next Fed Chairman has led to market repricing, which is expected to continue. Upcoming inflation data from Canada and the UK will provide further insights into economic conditions and market direction.

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