New York:Major indices in the US and European stock markets experienced significant gains, reflecting positive dynamics in global financial markets.

According to Azeri-Press news agency, on November 9, the Dow Jones index in the US increased by 1,104.02 points, or 2.15%, reaching 52,389.75 points. The S&P 500 index rose by 173.08 points, or 2.35%, to 7,549.94 points, while the Nasdaq Composite index climbed by 673.72 points, or 2.74%, to 25,253.14 points. The NYSE Composite index also saw an increase of 2.18%, ending at 24,472.62 points, and Canada's S&P/TSX Composite index grew by 1.84% to 36,446.25 points.

In European markets, all major indices recorded upward movement. The Euro Stoxx 50 index rose by 1.94% to 6,290.45 points. The UK's FTSE 100 index gained 1.02%, reaching 10,782.87 points. Germany's DAX index increased by 1.73% to 26,267.19 points, France's CAC 40 index climbed by 1.16% to 8,233.30 points, and Spain's IBEX 35 index rose by 1.93% to 19,742.50 points.

Positive trends were also noted in the Asia-Pacific region, where Japan's Nikkei 225 index increased by 1,417.97 points, or 2.41%, reaching 60,193.47 points. The TOPIX index rose by 1.84% to 3,888.53 points. Additionally, Hong Kong's Hang Seng index climbed by 0.29% to 24,518.87 points, and China's CSI 300 index saw a modest rise of 0.07% to 4,058.95 points. Australia's S&P/ASX 200 index increased by 1.18% to 9,136.20 points, and the broader MSCI AC Asia Pacific index increased by 1.78% to 249.82 points.

Analysts attribute the rise in global stock markets to a sharp decline in oil prices and a recovery in technology stocks following a sell-off in the previous week.