AI's new Muse

Meta's new Muse assistant reignites enthusiasm for AI, sending its shares soaring and helping the Nasdaq hit a record high. Oil holds above $100 as markets watch for a possible meeting between President Donald Trump and Iran's President Masoud Pezeshkian in New York. Meanwhile, France's mounting debt and political pressures push borrowing costs higher.

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Today's recommended read: Losing the plot? Warsh's Fed more 'touchy-feely' than data driven by Mike Dolan

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