Stock market today: U.S. indexes surge as European markets show resilience, Asian stocks open higher

Economy ME

4 days ago

Global stock markets showed on Wednesday a broadly positive tone driven by optimistic investor sentiment amid easing trade worries and solid corporate earnings. Markets reflected cautious optimism, as investors balanced positive earnings and trade developments with geopolitical and economic uncertainties. The U.S. market led gains, European indexes showed resilience despite some losses, and Asian markets largely moved higher amid economic data and trade-related news.
U.S. indexes rise amid European caution
In the United States, major indexes climbed significantly.
The Dow Jones Industrial Average
surged 483.52 points, or 1.10 percent, to close at 44,458.61. The S&P 500 added 72.31 points, or 1.13 percent, to finish at 6,445.76. The Nasdaq Composite rose 296.50 points, or 1.39 percent, ending at 21,681.90. These gains were propelled by strong earnings reports and some respite in trade tensions, which helped bolster risk appetite among investors. European markets presented a mixed picture with modest fluctuations. Germany's DAX slipped 56.56 points, or 0.23 percent, to 24,024.78, reflecting some caution amid prevailing geopolitical concerns. In contrast, the U.K.'s FTSE 100 edged up 18.10 points, or 0.20 percent, to 9,147.81, and France's CAC 40 gained 54.90 points, or 0.71 percent, closing at 7,753.42, supported by strong earnings and stabilizing economic data.
Read more | Stock market today: Global optimism rises as U.S.-China tariff truce eases trade tensions
Asian markets show mixed trends
Asian markets opened mostly higher with some exceptions. Japan's Nikkei 225 advanced 372.74 points, or 0.87 percent, to 43,090.91 while Hong Kong's Hang Seng Index firmly rose by 206.84 points, or 0.83 percent, reaching 25,176.52. The Shanghai Composite saw a slight increase of 2.74 points, or 0.07 percent, opening at 3,668.66. The Shenzhen Component index also added 19.45 points, or 0.17 percent, to 11,371.08. South Korea's KOSPI gained 35.49 points, or 1.11 percent, to 3,225.40, and Singapore's Straits Times Index increased by 20.39 points, or 0.48 percent, to 4,241.11. Australia's S&P/ASX 200, however, retreated 62.60 points, or 0.70 percent, opening at 8,818.20. Investors remained alert to ongoing trade developments and regional economic data releases, which influenced the mixed but generally upbeat market tone.