Market report: Nasdaq hits record high, Meta surges 11.34%, Bitcoin breaks $86,000

Global markets saw gains as the Nasdaq Composite reached a record closing high and Meta shares rose 11.34%. Bitcoin climbed past $86,000, supported by ETF inflows and improved regulatory sentiment. Federal Reserve officials signaled that further interest rate hikes remain under discussion to combat inflation. Meanwhile, the U.S. and China have agreed to establish a dialogue on AI safety. Oil prices retreated as supply concerns eased, helping to alleviate valuation pressures on growth assets.