- S&P 500 futures: 5,897.00 ⬆️ 0.18% increase
- S&P500: 5,841.47 ⬇️ 0.017% decrease
- Nasdaq Composite: 18,373.61 ⬆️ 0.036% increase
- Dow Jones Industrial Average: 43,239.05 ⬆️ 0.37% increase
- STOXX Europe 600: 525.43 ⬆️ 0.29% increase
- CSI300: 3,925.23 ⬆️ 3.62% increase
- Nikkei 225: 38,981.75 ⬆️ 0.18% increase
- Bitcoin: $67,878.72 ⬆️ 0.75% increase
China: Stock prices rose due to the surprise of upside in economic growth.
Chinese stocks closed sharply higher today after China’s third-quarter GDP growth exceeded expectations at 4.6%.
The CSI300 closed up 3.62% today. Chinese stocks have soared this year, rising nearly 10% in the past six months after the government announced a series of fiscal stimulus measures for the world’s second-largest economy.
Japan: Everything is calm.
In Japan, the Nikkei Stock Average ended flat, rising just 0.18%.
Europe: Stock markets react positively to interest rate cuts.
European stocks started the morning strong, with the Stoxx Europe 600 up nearly 0.3% in early trading and the narrower Euro Stoxx 50 up 0.5%. The market reacted positively to the European Central Bank’s announcement that it would cut interest rates by the end of the year.
US: Markets continue to hit record highs.
U.S. stocks hovered near all-time highs overnight, with the Dow Jones Industrial Average closing 0.37% higher at $43,239.05.
The S&P 500 Index ended 0.18% higher at 5,897.00.
US futures markets this morning were betting that US assets would rise further when markets open in New York this morning. At the time of publication, S&P 500 futures were up 0.18% at 5,897.00.