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.

author avatar
EditorialTeam
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.

Top 10 financial instruments for 2022. What will their prospects be in 2023?

The year 2022 has brought countless surprises and obstacles...

Telegram scams: how they work and how to protect yourself

Telegram has become one of the most widely used...

Trump Saved TikTok from a Ban. The App in the U.S. Moves into American Hands

TikTok narrowly avoided a ban in the United States...

Gulf Brokers Ltd. Review

Comparing spreads, commissions, trading platforms, rules and reading dozens...

Climate Change Poses Major Risks to Financial Markets, Regulator Warns

WASHINGTON — A top financial regulator is opening a...

Trading in Shein shares will begin in Hong Kong on September 1

Online retailer of cheap fashion Shein will enter the...

Bitcoin Infinity Day Study by crypto4me: Bitcoin Is Now Twice as Scarce as Gold

A new crypto4me study points that Bitcoin’s stock-to-flow ratio...

Walmart’s Quarterly Profit Falls, US Growth Lags Behind Expectations

American retail company Walmart saw its net profit drop...

CoinGate vs Bitget Wallet Review 2026: Fees, Crypto Payments and Which Service Makes More Sense

Cryptocurrency payments are gradually moving from a niche blockchain...

Xiaomi’s quarterly profit falls due to rising memory chip costs

Chinese technology company Xiaomi's net profit fell by one-fifth...

US Stocks Decline Following Trump’s Remarks on Not Extending Iran Deal

U.S. stocks weakened today. This happened after President Donald...
spot_img

spot_imgspot_img