Global Stock Markets Witness Notable Gains Across Major Indices


New york: On August 22, world stock markets experienced significant gains, with the American indices showing substantial increases. The Dow Jones index rose by 1.89% to reach 45,631.74 points, while the S and P 500 index saw an increase of 1.52%, closing at 6,466.91 points. The Nasdaq index also performed well, climbing by 1.88% to end at 21,496.54 points.



According to Azeri-Press News Agency, European stock markets also reflected an upward trend. The FTSE 100 index inched up by 0.13%, reaching 9,321.40 points. Similarly, the German DAX index rose by 0.29% to 24,363.09 points, and the French CAC-40 index increased by 0.40% to conclude at 7,969.69 points.



In the currency markets, the euro showed strength against the dollar, appreciating by 0.96% and trading at $1.1718. This movement in the euro-dollar exchange rate indicates a notable development in the global currency markets.