World shares mostly gain after big tech rally on Wall Street

10.07.2025    WTOP    9 views
World shares mostly gain after big tech rally on Wall Street

Global shares mostly gained on Thursday after a rally in U S tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back bulk of its losses from earlier in the week In early European trading Britain s FTSE rose to Germany s DAX edged up to while in Paris the CAC climbed to S P futures shed while the Dow Jones Industrial Average was down In Asia South Korea s Kospi climbed to finish at after the Bank of Korea kept its benchmark interest rate unchanged and as semiconductor shares rose following Nvidia s overnight rally on Wall Street Tokyo s Nikkei fell closing at weighed down by selling of exporters shares amid the yen s appreciation which cuts profits from exports and dampened sentiment because of the lack of progress in the Japan-U S tariff talks The Hang Seng in Hong Kong added to The Shanghai Composite index rose to Australia s S P ASX climbed to On Wall Street on Wednesday the S P rose for its first gain this week The benchmark index remains near the record it set last week after a better-than-expected U S jobs document The Dow Jones Industrial Average added The Nasdaq composite which is heavily weighted with device stocks closed higher The gain was good enough to nudge the index past the record high it set last Thursday Nvidia rose and became the first citizens company to exceed trillion in value after its share price briefly topped each in the early going Shares in the AI boom poster child were going for around per share at the start of The tech rally came as Wall Street continued to weigh the latest developments in President Donald Trump s renewed push this week to use threats of higher tariffs on goods imported into the U S in hopes of securing new bargain agreements with countries around the globe with the window for negotiations extended to Aug In other dealings on Thursday benchmark U S crude lost cents to per barrel Brent crude the international standard shed cents to per barrel The dollar slightly recovered against the Japanese currency trading at yen up from yen The euro rose to from Source

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