The US stock industry ended higher on Friday with the Dow registering its biggest daily percentage gain since November 2023.
The Dow Jones Industrial Average jumped 574.84 points, or 1.51%, to 38,686.32, while the S&P 500 gained 42.03 points, or 0.80%, at 5,277.51. The Nasdaq Composite closed 2.06 points, or 0.01%, lower at 16,735.02.
For the month, the S&P 500 rallied about 4.8%, the Nasdaq surged 6.9% and the Dow jumped 2.4%.
Asian markets traded higher today following a rally on Wall Street and ahead of key economic data in the region.
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3%, having slid 2.5% last week.
Japan’s Nikkei 225 surged 1.01%, while the Topix index rallied 1.02%. South Korea’s Kospi gained 1.26%, and the Kosdaq rose 0.42%. Hong Kong’s Hang Seng index futures indicated a marginally higher opening.
Gift Nifty was trading around 23,330 level, a premium of nearly 630 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock industry indices.
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