Market Recap: Global stocks climbed on renewed Fed stability and easing trade tensions

🇺🇸 U.S. Markets

Stocks rallied after President Trump reaffirmed support for Fed Chair Jerome Powell and hinted at reduced tariffs on China. This boosted investor confidence significantly.

• S&P 500 gained 1.7% to close at 5,375.86

• Dow Jones rose 1.1% to 39,606.57

• Nasdaq Composite jumped 2.5% to 16,708.05, driven by Tesla, Nvidia, Apple, and Meta

🌍 European Markets

European equities followed suit, gaining strength on optimism around global trade and the Fed’s steady leadership.

• FTSE 100 (London) increased 1.3%, led by mining and energy

• DAX (Frankfurt) surged 3.2%, benefiting from global trade optimism

🌏 Asian Markets

Asian stocks rebounded on positive U.S. cues and Trump’s softened trade stance, driving strong regional rallies.

• Nikkei 225 (Tokyo) jumped 2.3%

• Hang Seng (Hong Kong) climbed 1.2%

• Shanghai Composite edged up 0.25%

• S&P/ASX 200 (Australia) rose to 7,816.70

• Sensex (India) gained 0.34% to close at 79,870.19

🏜️ Middle East Markets

Gulf markets mirrored Asia’s rally, supported by solid gains in banking, utilities, and real estate.

• TASI (Saudi Arabia) rose 0.8%

• DFM (Dubai) advanced 0.3%

• ADX (Abu Dhabi) gained 0.4%

• QSI (Qatar) increased 0.5%

🌎 Latin American Markets

Latin stocks followed global trends higher, lifted by stronger commodities and global market sentiment.

• Bovespa (Brazil) and IPC (Mexico) ended higher on global trade optimism and commodity strength