European and US stocks rose on Wednesday. Despite the sell-off in Asia

Most stock indexes in Europe and the US did well in the middle of the trading week. Although Euro-American trading was preceded by an unfavorable session in Asia, where key exchanges lost ground.

The Stoxx 600 stock index strengthened

Wednesday’s trading was driven by optimism, especially in Europe. The pan-European stock market index Stoxx 600 strengthened by 1.66 percent, the Paris stock exchange even gained more than two percent. The vast majority of European parquets grew by more than one percent.

The nervousness of American investors

Trading in Europe was somewhat affected by the nervousness of US investors, who were impatiently waiting for the publication of the minutes of the last meeting of the Fed. This also contributed to the initial weakening of stocks on Wall Street. However, the New York Stock Exchange recovered in the afternoon and ended in positive territory. The Dow Jones, the S&P 500 and the technological Nasdaq gained from 0.4 to 0.7 percent.

In contrast, Asian markets lost. Stock exchanges in Shanghai, Hong Kong and Tokyo all lost more than one percent. The markets were marked by increased fear of the arrival of a global economic recession.

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The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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