Global markets show positive trend
Global financial markets experienced a positive performance over the week, supported by the results of major technology companies, despite increasing expectations of tightening monetary policies and rising bond yields. The S&P 500 index rose by 1.1% to close at 7,489.72 points, while the Dow Jones gained 1% to finish at 52,485.03 points, and the Nasdaq index achieved a weekly increase of 1.6% to close at 25,373.85 points. The US stock surge was driven by a 15% jump in Amazon's stock, buoyed by optimism about Microsoft's cloud computing performance, despite Apple's decline of 7.4%. Next week, markets are expected to focus on the US July employment report. In Europe, the Stoxx 600 index increased by 0.7% to close at 649.19 points, the German DAX rose by 2.1% to 25,629.24 points, and the UK’s FTSE 100 gained 1.2%, ending at 10,868.05 points. In Asia, the Japanese Nikkei 225 finished the week down 0.4% at 64,362.02 points, while the Hang Seng Index climbed by 3.7% to reach 25,884.43 points, and the Shanghai Composite posted a modest gain of 0.5%.
Notice: This Is an AI-Generated Summary
Comments (0)