Global equity indices exhibited mixed performances last week. On the U.S. stock market, the Dow Jones Industrial Average dipped 0.16%, the Nasdaq Composite Index retreated 0.27%, and the S&P 500 Index fell 0.47%. In Europe, the UK's FTSE 100 Index lost 0.48%, France's CAC 40 Index declined 0.34%, whereas Germany's DAX 30 Index advanced 1.79%. Turning to Asia, Japan's Nikkei 225 Index gained 1.83%, South Korea's KOSPI Index edged up 0.68%, and Taiwan's Weighted Index also increased by 0.61%. Notably, the Philadelphia Semiconductor Index outperformed, surging 1.58%, amid news that the U.S. plans to abolish the three-tier restrictions on AI chip exports.
