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Global Markets Rally as Tech IPOs Drive February Surge in Stocks

Summary

Global stock markets surged today, led by a wave of tech IPOs hitting exchanges in New York and London. The debut of AI software firm NexaTech raised $1.2 billion, marking one of t

Global stock markets surged today, led by a wave of tech IPOs hitting exchanges in New York and London. The debut of AI software firm NexaTech raised $1.2 billion, marking one of the largest tech IPOs this year, according to Bloomberg. This influx of new listings helped push the S&P 500 up 1.4% and the FTSE 100 by 0.9% by midday trading. Analysts attribute the rally to strong investor appetite for innovation-driven companies despite recent economic uncertainties. Market watchers continue to monitor upcoming IPOs from renewable energy and fintech sectors, expecting further momentum. The trend highlights a renewed confidence in public markets as companies aim to capitalize on favorable valuations.
Feb 15
Global Markets Rally as Tech IPOs Drive February Surge in Stocks

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