Latest Irish Life weekly markets update

Key talking points include:

• Global markets had a mixed week amid concerns over the growing debt load associated with the buildout of AI infrastructure, as well as on doubts that the US Federal Reserve will cut rates again in December.
• The S&P 500 edged up by 0.08% (MTD -1.6%, YTD 14.5%) while the Euro Stoxx 600 rose by 1.8% (MTD +0.5%, YTD 13.2%).

• It's another light week for data. US jobs data from September will be released on Wednesday now that the government is back open. Other than that, Eurozone inflation data is also due on Wednesday but will be overshadowed when Nvidia release quarterly results on the same day.