New York:Mixed performance was recorded in global stock markets on November 10, with notable declines in major United States indices, gains in European markets, and varied movements across the Asia-Pacific region.
According to Azeri-Press news agency, the Dow Jones index in the United States fell by 157.86 points, or 0.30%, closing at 52,231.89 points. The S&P 500 index saw a decline of 29.01 points, or 0.38%, ending at 7,520.93 points, while the Nasdaq Composite index experienced a drop of 187.26 points, or 0.74%, to 25,065.88 points.
European stock markets mostly recorded positive performances. The Euro Stoxx 50 index increased by 0.59% to 6,327.87 points. Germany's DAX index rose by 0.31% to 26,347.45 points, and France's CAC 40 index went up by 0.55% to 8,278.59 points. However, the UK's FTSE 100 index saw a slight decline of 0.29% to 10,751.59 points.
In the Asia-Pacific region, Japan's Nikkei 225 index climbed by 736.30 points, or 1.22%, to reach 61,195.88 points. The TOPIX index also rose by 0.89% to 3,928.33 points. Conversely, Hong Kong's Hang Seng index fell by 0.90% to 24,334.99 points, and China's CSI 300 index decreased by 0.29% to 4,047.21 points.
The varied performance in global markets was influenced by several factors. Analysts attributed the decline in US stock markets to concerns over inflation, the potential for interest rate hikes by the Federal Reserve, and selling pressure in technology stocks. In Asia, gains were supported by the recovery of the technology sector and declining oil prices.