Friday, 10 May 2024
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Stock Market

Following Wall Street’s 2023 peak, global shares are mainly up

  • The Paris CAC 40 gained 0.2%, but Germany‘s DAX stayed flat.
  • The Dow Jones Industrial Average’s S&P 500 future saw a 0.1% decline.
  • Bangkok’s SET gained 0.2%, while India’s Sensex increased by 0.1%.

Monday saw a majority of global equities gains as the week got underway with important U.S. inflation data and the Federal Reserve’s year-end rate decision.The Paris CAC 40 gained 0.2%, but Germany’s DAX stayed flat.

Additionally,the Dow Jones Industrial Average’s S&P 500 future saw a 0.1% decline. The U.S. government will release its latest data on consumer inflation on Tuesday, and the Fed will make its next announcement regarding interest rates on Wednesday.

Global shares

The central banks of Norway, Switzerland, England, and the European Central Bank will meet on Thursday. Asia’s Shanghai Composite gained 0.7%, but Hong Kong‘s Hang Seng fell 0.8%.

The Kospi in Seoul increased by 0.3%, but the Nikkei 225 index in Tokyo saw a 1.5% gain. S&P/ASX 200 in Australia increased 0.1%. Bangkok’s SET gained 0.2%, while India’s Sensex increased by 0.1%.

With a 0.4% gain to 4,604.37 on Friday, the S&P 500 enjoyed its longest winning run in four years. Both the Nasdaq composite and the Dow Jones Industrial Average increased by 0.4%.

Employers in the United States created more jobs last month than anticipated, and wages increased more than anticipated. In recent weeks, the price of oil recovered some of its losses.

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