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Home Market Overview Indices

Global stock markets’ major indices post gains

by MarketNewsBoard
1 day ago
in Indices, Market Overview
Global stock markets’ major indices post gains

Global stock markets ended the trading session mostly with positive momentum, APA-Economics reports.

In the U.S. markets, the Dow Jones index rose by 139.02 points, or 0.27%, to 52,487.41 points, the S&P 500 index gained 60.93 points, or 0.81%, to 7,543.64 points, the Nasdaq Composite index increased by 336.24 points, or 1.30%, to 26,206.89 points, while the NYSE Composite index advanced by 86.23 points, or 0.36%, to 23,876.84 points. Canada’s S&P/TSX Composite index also climbed by 264.65 points, or 0.76%, to 35,200.45 points.

In the European markets, the Euro Stoxx 50 index rose by 79.36 points, or 1.28%, to 6,284.27 points, Germany’s DAX index gained 220.82 points, or 0.89%, to 25,118.27 points, France’s CAC 40 index advanced by 73.96 points, or 0.90%, to 8,326.62 points, while Spain’s IBEX 35 index increased by 218.50 points, or 1.14%, to 19,322.80 points. The UK’s FTSE 100 index, however, fell by 16.59 points, or 0.16%, to 10,472.45 points.

In the Asia-Pacific region, Japan’s Nikkei 225 index surged by 1,199.91 points, or 1.77%, to 68,943.76 points, while the TOPIX index gained 28.20 points, or 0.70%, to 4,048.57 points. Hong Kong’s Hang Seng index rose by 455.96 points, or 1.90%, to 24,486.14 points. China’s CSI 300 index increased by 25.02 points, or 0.51%, to 4,901.34 points, Australia’s S&P/ASX 200 index advanced by 44.76 points, or 0.51%, to 8,807.30 points, while the MSCI AC Asia Pacific index edged up by 0.30 points, or 0.11%, to 269.20 points.

The gains in global stock markets were supported by increased investor risk appetite, stronger buying in the technology sector, and optimistic expectations regarding the U.S. economy.

Source: Original Article

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