New York:Global stock markets recorded mostly positive performance, with significant gains observed in major indices of the United States and Europe. However, mixed results were noted in the Asia-Pacific region.

According to Azeri-Press news agency, the Dow Jones index in the US rose by 1,569.40 points, or 3.03%, reaching 53,356.12 points. The S&P 500 index gained 119.70 points, or 1.58%, to 7,688.62 points, while the Nasdaq Composite index increased by 364.50 points, or 1.44%, to 25,736.51 points. The NYSE Composite index also rose by 1.56% to 24,686.13 points, and Canada's S&P/TSX Composite index climbed by 2.28% to 36,341.40 points.

In Europe, all major indices experienced an upward trend. The Euro Stoxx 50 index increased by 1.97% to 6,265.71 points, and the UK's FTSE 100 index gained 1.79% to reach 10,829.21 points. Germany's DAX index rose by 2.22% to 26,437.67 points, France's CAC 40 index increased by 1.96% to 8,177.89 points, and Spain's IBEX 35 index gained 3% to 19,370.90 points.

The Asia-Pacific region displayed a mixed performance, with Japan's Nikkei 225 index falling by 0.94% to 61,606.53 points, while the TOPIX index rose by 1.45% to 3,951.67 points. Hong Kong's Hang Seng index increased by 3.10% to 24,662.11 points, and China's CSI 300 index rose by 0.36% to 4,115.93 points. Australia's S&P/ASX 200 index gained 2.33%, reaching 9,040.20 points. Meanwhile, the broader MSCI AC Asia Pacific index saw a minor decline of 0.06% to 255.71 points.

Analysts attribute the rise in US and European stock markets to the clear results of the US midterm elections, reduced political uncertainty, and a sharp decline in oil prices. The Democrats' victory in securing majorities in both chambers of Congress has raised expectations of stronger legislative oversight of President Donald Trump's economic policies. Additionally, falling oil prices have increased expectations that inflationary pressures will ease. In Europe, positive corporate financial results have also supported the rise in stock indices.