Wall Street’s main indexes hit record intraday highs on Friday, driven by AI optimism and signs of a cooling labour market that strengthened the case for interest-rate cuts. Photograph: Spencer Platt/Getty Images
World stocks were on course for a solid weekly gain and more record highs as the seemingly unstoppable rally in tech shares and expectations of lower US interest rates helped offset US government shutdown uncertainty.
In Europe, shares logged their best weekly showing in five months, with healthcare and miners leading advances on the day.
Dublin
The Irish index of shares ended the week on a high
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