On Thursday, US stock markets rose, with Nasdaq leading the way as semiconductor firms surged. Three rate decreases in the upcoming year were expected, which gave the market a boost.
The Dow Jones Industrial Average increased by 148.90 points, or 0.38 percent, to 39,661.03 at the opening bell. The S&P 500 began higher by 28.81 points, or 0.55 percent, at 5,253.43.
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The Federal Reserve held its interest rates same on Wednesday. Thursday’s major gains in European stock markets were a result of the US Federal Reserve’s most recent monetary policy.
The FTSE 100 in Britain increased by 0.9% to 7,809.74 points. The CAC 40 for France decreased by 0.2% to 8,144.72. The German DAX increased by 0.2%.
The Euro Stoxx 50 increased by 0.4% to 5,021.84.Asia’s Hang Seng index for Hong Kong increased 1.9% to 16,863.10. The Shanghai Composite of China dropped 0.1% to 3,077.11.
The Nikkei 225 of Japan surged 2.0% to 40,815.66.
On Thursday the price of crude oil remained largely unchanged. By 1213 GMT, May Brent crude futures were down 31 cents, or 0.4 percent, at $85.64 per barrel. US West Texas Intermediate futures were down 30 cents, or 0.4%, at $80.97 per barrel for the month of May.
