· Stocks rose sharply on Wednesday as tensions in Hong Kong between the government and protesters eased after the withdrawal of a controversial bill.
The Dow Jones Industrial Average closed 237.45 points higher, or 0.9% at 26,355.47. The S&P 500 gained 1.1% to close at 2,937.78, led by a 1.7% surge in the tech sector. The Nasdaq Composite advanced 1.3% to 7,976.88.
· European stocks closed higher Wednesday after British lawmakers defeated Prime Minister Boris Johnson’s government in a vote to seize control of parliamentary business, moving closer to blocking a no-deal Brexit.
The pan-European Stoxx 600 was up 0.9% at the closing bell, basic resources jumping 2.9% to lead gains as all sectors and major bourses traded in positive territory.
· Stocks in Asia edged higher in Thursday morning trade, as investors closely watch Hong Kong markets after the Hang Seng index surged as high as more than 4% on Wednesday following the withdrawal of a controversial extradition bill.
The Nikkei 225 in Japan jumped 1.15% in early trade, while the Topix saw gains of 1.03%. Over in South Korea, the Kospi advanced 0.49%. Australia’s S&P/ASX 200 added 0.3% as majority of the sectors saw gains.
Overall, the MSCI Asia ex-Japan index gained 0.25%.
Reference: CNBC
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