• Tue. May 7th, 2024

Global Stock Markets Experience Mixed Performance as European and Asian Exchanges Gain, While US Futures and Wall Street Falter

BySamantha Jones

Apr 26, 2024
European and Asian Stock Markets Surge; US Set to Release Core PCE Index Today

European stock markets experienced an increase in rates today, with the Dax strengthening by 0.4%, Potsy adding 0.7%, and Jackdaw increasing by 0.3%. Additionally, there were gains in stock exchanges in Spain, Italy, Switzerland, Portugal, Belgium, Sweden, and Russia.

In Asia, trading continued in a positive trend with gains across the board. The Hang Seng index jumped by 2.5%, Kospi advanced by 1.1%, the Shenzhen index added 2%, and the Shanghai index rose by 1.2%. Bitcoin added 0.2% while Ethereum weakened by 0.4%.

In the morning, Asian stock markets continued to trade positively with significant gains across the board. Companies like Canon, Nikon, and Samsung saw changes in their stock values as well.

US index futures were trading higher in the morning session with Nasdaq contracts up 1.1%, S&P 500 contracts up 0.8%, and Dow Jones contracts up 0.1%. However, Wall Street closed with falling rates yesterday with the Nasdaq, Dow Jones, and S&P 500 all experiencing losses.

After the close of trading financial statements of Alphabet (Google), Microsoft, and Intel were published which showed mixed results: Microsoft beat analysts’ forecasts while Alphabet reported revenues above expectations but missed forecasts for adjusted net profit; Intel saw a decrease in adjusted net profit but managed to beat analysts’ revenue forecasts for both Q3 and Q4 fiscal year

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

Leave a Reply