Latest Irish Life weekly markets update

Key talking points include:

• Global equity markets posted strong gains last week amid a rotation away from AI names toward smaller-cap and value stocks.
• The S&P 500 rose by 1.7% (MTD 0.0%, YTD 9.3%), while the Euro Stoxx 600 rose by 2.7% (MTD 2.1%, YTD 10.2%).
• With markets increasingly focused on interest rates, this week's Fed minutes (Wednesday) and ECB meeting (Thursday) could prove pivotal in shaping expectations for monetary policy.