Nasdaq hits new high amid global gains
Global stock indices continued their upward trend, reflecting a sense of optimism amid anticipation of quarterly earnings results and falling oil prices. The Nasdaq index reached a record high, supported by major technology stocks like Nvidia and Microsoft, after weak employment data reduced the chances of an American interest rate hike, boosting investors' risk appetite. In Europe and Gulf markets, stocks rose significantly as expectations of interest rate increases diminished and U.S. job market growth slowed. Meanwhile, Asian markets hit their highest levels in three months, supported by stocks of companies related to artificial intelligence.
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