Mixed trends were recorded in global stock markets on November 12. All major indices declined in the United States, while European markets mostly advanced and the Asia-Pacific region recorded movements in different directions, APA-Economics reports.
In the United States, the Dow Jones index fell by 189.40 points, or 0.36%, to 52,297.09 points. The S&P 500 index declined by 26.98 points, or 0.35%, to 7,592.40 points, while the Nasdaq Composite decreased by 100.10 points, or 0.39%, to 25,366.09 points.
The NYSE Composite index fell by 0.74% to 24,466.97 points, while Canada's S&P/TSX Composite declined by 0.75% to 36,137.20 points.
European stock markets recorded mostly positive performance. The Euro Stoxx 50 index increased by 0.09% to 6,398.98 points, while the UK's FTSE 100 rose by 0.25% to 10,863.09 points.
Germany's DAX index gained 0.41% to reach 26,771.88 points, while France's CAC 40 rose by 0.34% to 8,361.36 points. Spain's IBEX 35 index, however, declined by 0.31% to 19,965.50 points.
Mixed performance was observed in the Asia-Pacific region. Japan's Nikkei 225 index rose by 434.14 points, or 0.71%, to 61,253.50 points, while the TOPIX index increased by 0.19% to 3,944.94 points.
Hong Kong's Hang Seng index fell by 0.95% to 23,780.58 points, while China's CSI 300 index declined by 0.05% to 4,042.05 points.
Australia's S&P/ASX 200 index decreased by 0.62% to 9,090.00 points. Meanwhile, the broader MSCI AC Asia Pacific index declined by 0.89% to 255.05 points.
According to analysts, the decline in US stock markets was driven by falling Nvidia shares, uncertainty in the artificial intelligence sector and expectations of interest rate hikes by the Federal Reserve. In Europe, positive corporate financial results and energy prices remaining below their previous highs supported gains in stock indices.
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