BANGKOK (AP) — Shares swung higher Wednesday in Europe and Asia, supported by buying of technology shares, as hopes for a U.S. interest rate cut helped to offset worries over simmering trade tensions between Washington and Beijing.

Gold rose to new highs, hitting $4,217 per ounce. The precious metal has soared nearly 60% in 2025 as investors seek a hedge against a long list of uncertainties, including higher tariffs and the economy.

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