GLOBAL MARKETS-Stocks Steady at Record Highs as AI Optimism Trumps Iran Tensions

GLOBAL MARKET - NEW YORK. Global stocks clung to record highs on Monday as strong corporate results, fueled in part by artificial intelligence optimism, outweighed investor concerns over escalating U.S.-Iran tensions that have pushed oil prices higher. 

The United States said it struck Iranian military sites during the weekend and Iran's Revolutionary Guards said on Monday it had targeted a U.S. base in response.