Global equity markets experienced a significant upswing in the second quarter, driven largely by the growing buzz surrounding artificial intelligence. In the developing world, stock markets surged 5.0%, as tracked by the MSCI Emerging Markets Index. The Asian region, in particular, stood out with a remarkable 7.4% gain, far outpacing the broader market. Meanwhile, Eastern Europe also posted impressive results, with a 6.7% increase. Latin America, while not as robust, still managed to make notable strides.
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