By Mike Dolan

LONDON (Reuters) -What matters in U.S. and global markets today

By Mike Dolan, Editor-At-Large, Finance and Markets

Usually alternatives, stocks and gold are rising together as investors seek to ride an inflationary expansion by taking on AI-driven corporate risk with gold added to portfolios as a hedge against loosening monetary and fiscal policy worldwide.

Monday’s brief stumble on Wall Street looks to have been just that and both U.S. futures and European stocks rallied on Wednesday, with the STOXX600 and FTSE100 hitting new records. French markets staged a recovery amid some sign of progress in the government’s impasse there and gold surged again after topping $4,000 per ounce for the first time on Tuesday.

If rising stocks and gold seemed like an odd couple, they we

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