– AI-led U.S. stocks and emerging markets rose, while developed markets lagged. Rising yields hit Treasuries and REITs as oil and gold fell.
– AI enthusiasm lifted technology, momentum and growth, while falling oil hurt energy and higher yields weighed on utilities and dividend stocks.
– Korea surged on chip demand, lifting Asian emerging markets. Indonesia and Denmark slumped, while developed Europe was nearly flat.
– Long Treasuries, munis and global credit fell as inflation and Fed hike bets drove yields higher. Oil and gold slipped, while the dollar rose.

– U.S. stocks finished flat but beat international shares and REITs. 10-year yield moved up to 5% leading up to the Fed meeting, pressuring rate-sensitive assets.
– Healthcare and technology led as chipmakers rebounded. Utilities fell 3%, while growth beat value despite the Fed’s first rate hike in three years.
– Taiwan and Nigeria bucked a weak global week. Colombia fell 6.7%, while developed Europe slid amid central-bank tightening and an auto selloff.
– The dollar rose 1.1% after the Fed hiked. Silver and copper gained, lumber sank 5%, and foreign bonds lagged as global yields climbed.