Here are the latest updates on the world stock market as of 02:07 PST, July 25, 2023:
- US stock markets: The S&P 500 was up 1.47%, the Dow Jones Industrial Average was up 1.52%, and the Nasdaq Composite was up 1.45%.
- European stock markets: The Stoxx Europe 600 was up 0.19%.
- Asian stock markets: The Nikkei 225 was down 0.20%, the Hang Seng was up 3.02%, and the Shanghai Composite was up 0.68%.
- Oil prices: Brent crude oil was up 0.25% to $104.60 per barrel.
- Gold prices: Gold was up 0.08% to $1,825.70 per ounce.
The global stock markets were mostly positive today, with the US stock markets leading the way. The gains were broad-based, with all major sectors seeing gains.
There are a few factors that could be driving the positive sentiment in the markets today. One is the recent decline in bond yields, which has made stocks more attractive to investors. Another is the positive economic data that has been released in recent days.
However, there are also some risks that could weigh on the markets in the near term. One is the upcoming monetary policy decision by the US Federal Reserve. The Fed is expected to raise interest rates by 75 basis points, which could lead to volatility in the markets.
Another risk is the ongoing war in Ukraine. The war has caused uncertainty in the global markets, and could lead to further volatility in the near term.
Overall, the global stock markets are expected to remain volatile in the near term. However, the long-term outlook for the markets remains positive.
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