Global Stock Markets Report: European and Asian Exchanges See Rate Increases, US Futures Trading Higher

European and Asian Stock Markets on the Rise; US Core PCE Index to be Released Today

The stock market in Europe saw rate increases across various exchanges, with the Dax strengthening by 0.4%, Potsy adding 0.7%, and jackdaw increasing by 0.3%. This trend was also seen in stock exchanges in Spain, Italy, Switzerland, Portugal, Belgium, Sweden, and Russia.

In Asia, most stock markets closed higher with the Nikkei index adding 0.8%, the Shanghai index strengthening by 1.2%, the Shenzhen index rising by 2.2%, and Kospi adding 1%. The Hang Seng index in Hong Kong was up by 2%. Companies like Canon saw a jump of 3.5%, Nikon lost 1.5%, and Samsung stock advanced by 0.8%.

Meanwhile, US index futures were trading higher this morning with Nasdaq contracts up 1.1%, S&P 500 contracts up 0.8%, and Dow Jones contracts up

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