Stocks in Tokyo surged in anticipation of a new coalition government being formed. Photo: AP PHOTO

World stocks have held strong as traders bet on US rate cuts and Japanese stimulus spending, balancing jitters about US regional banks with hopes for a quarterly earnings boom for Wall Street's dominant artificial intelligence titans.

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Trading in Wall Street stock futures implied the blue chip S&P 500 share index and tech-heavy Nasdaq 100 would open about 0.3 per cent higher as anticipated market volatility stayed relatively high.

The VIX measure of expected choppiness on the S&P 500 h

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