News Summary
Generated by OK AI. Editorially reviewed.
- The world’s major stock markets rose sharply after US President Donald Trump announced that he would withdraw from the war with Iran.
- The American Dow Jones index rose 2.49 percent and the S&P 500 index rose 2.91 percent on Tuesday.
- Japan’s Nikkei rose by 5.24 percent, India’s BSE Sensex by 1.65 percent, China’s Shanghai Composite by 1.46 percent and London’s FTSE by 2.03 percent.
18 Chait, Kathmandu. After US President Donald Trump announced that he would withdraw from the war with Iran, the world’s major stock markets saw a high rise. Since the US started a war with Iran, the world’s major markets have been falling.
The US stock market Dow Jones index rose 2.49 percent on Tuesday. Overall, this indicator has decreased by 5.24 percent in the last month. Media CNBC has mentioned that the American stock market has seen a high growth with Trump’s announcement to end the war.
Similarly, the S&P, which indicates the index of the largest American 500 companies, increased by 2.91 percent on Tuesday. Japan’s Nikkei rose 5.24 percent on the same day on Wednesday. Overall, this index has decreased by 7.44 percent in a month. But after Trump’s announcement, an increase of 5.24 percent was seen on Wednesday.
India’s BSE Sensex rose 1.65 percent (1,086 points) on Wednesday. With this increase, BSE Sensex has reached 73 thousand 134 points. Similarly, the Nifty 50 index increased by 1.56 percent.
China’s Shanghai Composite Index rose 1.46 percent on Wednesday. London’s FTSE index also rose sharply as it opened on Wednesday. The market has increased by 2.03 percent within 4 hours of opening.