Major indices in the U.S. stock markets ended the trading day with gains, APA-Economics reports.
The Dow Jones index rose by 0.50% or 239.25 points to 47,740.80 points. The S&P 500 index increased by 0.83% or 55.97 points, reaching 6,795.99 points. The Nasdaq Composite, which is dominated by technology companies, climbed by 1.38% or 308.27 points to 22,695.95 points.
Meanwhile, major indices in European stock markets recorded declines. Thus, the FTSE 100 index fell by 0.34% or 35.23 points to 10,249.52 points. Germany’s DAX index dropped by 0.77% or 181.66 points, reaching 23,409.37 points. France’s CAC 40 index decreased by 0.98% or 78.13 points to 7,915.36 points.
In the Asia-Pacific region, however, major indices recorded gains. Japan’s Nikkei 225 index increased by 1.77% or 925.34 points to 53,654.08 points. Hong Kong’s Hang Seng index rose by 1.67% or 424.71 points to 25,833.17 points. China’s CSI 300 index climbed by 1.09% or 50.12 points, reaching 4,665.57 points.
The dynamics of the markets have been influenced by the growing geopolitical tensions in the Middle East and uncertainty in energy markets. Although U.S. President Donald Trump stated that the conflict could end soon, investors believe that the risks have not yet been fully eliminated. For this reason, part of the capital has been directed toward U.S. technology companies, while sales prevailed in European markets.