Global stock markets: A new bull market is being recorded
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Published: 2024-05-02 19:18
Photo by Seth Wenig (AP/Scanpix)
The Fed’s reassurance that another rate hike is unlikely encouraged investors to buy stocks. Shares in Hong Kong have entered bull market territory.
On Thursday, trading on global stock exchanges began without a clear direction in Asia, where Japan’s Nikkei 225 fell 0.1%, South Korea’s KOSPI fell 0.31%, and Hong Kong’s Hang Seng jumped 2.5%. The index was mostly driven by Chinese electric car manufacturers’ ac …
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