Positive dynamics have been observed in global stock markets, APA-Economics reports.
The Dow Jones Industrial Average rose by 2.49% to 46,341.51 points. The S&P 500 Index increased by 2.91% to 6,528.52 points, while the Nasdaq Composite gained 3.83% to reach 21,590.63 points. At the same time, the NYSE Composite Index rose by 2.35%, and the S&P/TSX Composite Index increased by 2.61%.
An upward tendency was also observed in European markets. The Euro Stoxx 50 rose by 0.50% to 5,569.73 points. The FTSE 100 Index increased by 0.48% to 10,176.45 points, while the DAX Index climbed by 0.52% to 22,680.04 points. Meanwhile, the CAC 40 Index gained 0.57%, and the IBEX 35 Index increased by 0.47%.
In the Asia-Pacific region, major indices also mostly recorded positive dynamics. The Nikkei 225 rose by 4.60% to 53,414.71 points. The TOPIX Index increased by 4.30%, the Hang Seng Index by 1.97%, and the CSI 300 Index by 1.43%.
The positive dynamics in global markets are mainly attributed to investors reacting to better-than-expected economic data in the United States and Europe, increased buying in the technology and industrial sectors, as well as growing expectations of monetary policy easing by central banks.
