AI darlings power Asia rally; Gold rises as Trump-Xi summit offers few surprises
Market news for May 14, 2026: An Asia-wide rally, fuelled by key AI stocks, saw SK Hynix’s valuation approach $1 trillion. Meanwhile, gold prices climbed due to a weaker dollar. The Trump-Xi summit holds no major surprises so far, with ongoing concerns over Middle East oil supply continuing to affect markets.
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