Global Markets Rally; Asian Indices Trade Higher

New Delhi, September 12 (Patrika English News): Global Markets showed strength on Thursday with Wall Street closing at record highs, European indices posting steady gains, and most Asian markets trading in the green today.

Global Markets

Optimism over a possible interest rate cut supported sentiment in the U.S. markets. The Dow Jones crossed the 46,000 mark, while the S&P 500 logged its 23rd record high of 2025, ending 0.85% higher at 6,587.46. The Nasdaq also gained 157.01 points, or 0.72%, to close at 22,043.07. Dow Jones futures were trading slightly positive at 46,112.93, up 0.01%.

In Europe, the FTSE rose 0.78% to 9,297.58, France’s CAC advanced 0.80% to 7,823.52, and Germany’s DAX closed 0.30% higher at 23,703.65.

Asian markets mirrored the positive trend, with 8 out of 9 indices trading higher. Singapore’s Straits Times Index was the only laggard, slipping 0.23% to 4,345.62.

Elsewhere, India’s GIFT Nifty was up 0.15% at 25,148. The Shanghai Composite gained 0.24% to 3,884.71, while Hong Kong’s Hang Seng jumped 1.63% to 26,511. South Korea’s Kospi rose 1.20% to 3,384.23, Indonesia’s Jakarta Composite climbed 1.12% to 7,834.30, and Taiwan’s Weighted Index advanced 0.93% to 25,450.81. Japan’s Nikkei surged 0.83% to 44,741, and Thailand’s SET Composite gained 0.28% to 1,291.65.

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