Global markets today are showing a decisive shift toward measured risk‑on positioning, driven by stronger tech flows, easing bond yields, and a stabilization in crypto after last week’s volatility shock. The cross‑asset landscape is no longer fragmented — it is beginning to align around a narrative of controlled liquidity, softer inflation pressure, and selective appetite for growth assets.

Across equities, commodities, FX, crypto, and yields, today’s performance reveals a market recalibrating expectations for Q4 liquidity conditions and global rate trajectories.

Equities: Tech leadership returns, global indices push higher

U.S. indices are broadly green, with a clear rotation back into growth:

• S&P 500 — 7,682.41 (+0.77%)
• Nasdaq…