Global stocks rise driven by Wall Street
Reports showed that global stock markets achieved strong gains over the week, led by Wall Street, which recorded its largest rise since April. The Standard & Poor's 500 index increased by 3.6% to a record high of 7,757.64 points, while the Nasdaq Composite surged by 5.2% to 26,690.62 points, with the likelihood of a US interest rate hike dropping to 44%. European indices also posted gains, with the Stoxx 600 reaching a record level of 660.25 points. Meanwhile, Asian markets showed mixed performance, with the Nikkei 225 rising by 1.9%, and expectations persisted regarding how US inflation data will influence future interest rate decisions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)