Global stock markets recorded mostly positive performance on November 11. All major indices in the United States and Europe rose, while mixed results were observed in the Asia-Pacific region, APA-Economics reports.
In the United States, the Dow Jones index increased by 254.60 points, or 0.49%, to 52,486.49 points. The S&P 500 index rose by 98.45 points, or 1.31%, to 7,619.38 points, while the Nasdaq Composite gained 400.31 points, or 1.60%, reaching 25,466.19 points.
The NYSE Composite index increased by 0.76% to 24,648.53 points, while Canada's S&P/TSX Composite rose by 0.67% to 36,411.71 points.
All major indices also advanced in European stock markets. The Euro Stoxx 50 index increased by 1.04% to 6,393.39 points, while the UK's FTSE 100 rose by 0.78% to 10,835.47 points.
Germany's DAX index gained 1.20% to reach 26,662.77 points, France's CAC 40 rose by 0.66% to 8,332.87 points, and Spain's IBEX 35 increased by 0.46% to 20,027.90 points.
Mixed performance was recorded in the Asia-Pacific region. Japan's Nikkei 225 index declined by 0.01% to 61,240.19 points, while the TOPIX index rose by 0.50% to 3,948.94 points.
Hong Kong's Hang Seng index fell by 0.93% to 24,089.33 points, while China's CSI 300 index increased by 0.11% to 4,080.14 points.
Australia's S&P/ASX 200 index decreased by 0.14% to 9,140.00 points. Meanwhile, the broader MSCI AC Asia Pacific index rose by 1.30% to 257.35 points.
According to analysts, the gains in stock markets were driven by positive financial results from technology companies and renewed investor interest in the artificial intelligence sector. In particular, CoreWeave's strong results supported gains in US technology stocks. In Europe, positive forecasts from Siemens Energy and corporate financial performance strengthened the upward trend.
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