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World stock markets set records due to technological euphoria and the expectation of a rate cut

The Dow Jones rose 0.34% to 47,706.37 points, the Nasdaq gained 0.80% to 23,827.49 points and the S&P 500 advanced 0.23% to 6,890.88 points.

Imagen referencial de las bolsas

Stock market benchmark image.AFP.

Williams Perdomo
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The main European indexes experienced rises during the first hours after opening, continuing the bullish rally after the record highs of some Asian stock markets, infected in turn by new records on Wall Street.

The New York Stock Exchange opened higher Wednesday. In early trading the Dow Jones was up 0.29%, the Nasdaq index +0.67% and the broader S&P 500 index +0.27%.

The U.S. stock markets once again experienced a record-breaking day on Tuesday due to the market's confidence in the results of the technology giants. The third in a row. Thus, the Dow Jones rose 0.34% to 47,706.37 points, the Nasdaq gained 0.80% to 23,827.49 points and the S&P 500 advanced 0.23% to 6,890.88 points, according to AFP data.

Subsequently, Japan's Nikkei rose 2.2% to 51,307.65. Shanghai (Composite) closed with a 0.7 % gain at 4,016.33 points.

A few hours after opening, London (FTSE 100) was up 0.6 % at 9,759.04 points and Paris (CAC 40): was up 0.1 % at 8,222.69 on Wednesday.

Key figures

London - FTSE 100: UP 0.6 % to 9,759.04 points
Paris - CAC 40: UP 0.1 % to 8,222.69
Frankfurt - DAX: STABLE at 24.276.68
Tokyo - Nikkei 225: UP 2.2 % to 51,307.65 (close)
Hong Kong - Hang Seng Index: CLOSED FOR HOLIDAY
Shanghai - Composite: UP 0.7 % to 4,016.33 (close)
New York - Dow: UP 0.3 % to 47,706.37 (close)

Similarly, the price of copper hit an all-time high on Wednesday, also driven by concerns about supply shortages of the industrial metal.

Markets reached the data on optimism over U.S. trade deals, the artificial intelligence sector and an expected rate cut by the Federal Reserve, as President Donald Trump expressed optimism on the eve of crucial trade talks with Xi Jinping.

Nvidia at the center of optimism

Geopolitical expectations have added to an already jubilant mood on Wall Street, where highlights during Tuesday's record day included a 5% rise for artificial intelligence giant Nvidia.

Investors also await financial results from several tech giants: Microsoft, Alphabet (Google) and Meta (Facebook, Instagram) this Wednesday after market close, and then Apple and Amazon on Thursday night.

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