Softer U.S. labor-market data, easing geopolitical tensions and a growing rotation within the technology sector shaped global markets this week.

The weaker employment report strengthened expectations that the Federal Reserve could begin lowering interest rates later this year, supporting broader equity markets. At the same time, investors became increasingly selective within the AI ecosystem, with semiconductor and hardware companies facing continued profit-taking while long-term investment in artificial intelligence remained strong.

The week highlighted how macroeconomic data, monetary policy expectations and sector rotation continue to drive investment decisions across global markets.