Lola Evans
12 Sep 2025, 01:55 GMT+10
NEW YORK, New York - Investor sentiment painted a divided picture across global markets on Thursday, with a robust rally on Wall Street leading the charge higher, while several major Asia and Pacific indices closed in negative territory.
This came despite inflation lifting, with the consumer price index climbing a seasonally adjusted 0.4 percent for the month, the biggest gain since January, putting the annual inflation rate at 2.9 percent. The positive news however was that the increase was considered by traders as not being sufficient to derail a highly-expected rate cut by the Fed later this month.
The day's most powerful moves were concentrated in the United States. The Dow Jones Industrial Average (^DJI) spearheaded the advance, surging 617.08 points, or 1.36 percent, to close at 46,108.00, a new all-time high.
The broad-based Standard and Poor's 500 (^GSPC) also posted a strong gain, climbing 55.43 points, or 0.85 percent, to finish at 6,587.47.
The NASDAQ Composite (^IXIC) advanced 157.01 points, or 0.72 percent, settling at 22,043.07. The NYSE Composite (^NYA) rose 236.53 points, or 1.11 percent.
The positive sentiment filtered north to Canada, where the S&P/TSX Composite index (^GSPTSE) rose 228.50 points, or 0.78 percent.
European markets uniformly closed higher. The pan-European EURO STOXX 50 (^STOXX50E) increased by 25.30 points, or 0.47 percent. Germany's DAX (^GDAXI) added 70.70 points, or 0.30 percent, while France's CAC 40 (^FCHI) jumped 62.20 points, or 0.80 percent.
London's FTSE 100 (^FTSE) gained 72.19 points, or 0.78 percent. The Euronext 100 (^N100) was up 0.64 percent and Belgium's BEL 20 (^BFX) edged up 0.26 percent.
Asia and Pacific markets presented a more cautious outlook. Japan's Nikkei 225 (^N225) was a notable exception, surging 534.83 points, or 1.22 percent. South Korea's KOSPI (^KS11) also gained 0.90 percent.
Also, in China, the SSE Composite Index (000001.SS) jumped 63.09 points, or 1.65 percent.
However, losses were seen elsewhere in the region. Hong Kong's Hang Seng Index (^HSI) dipped 113.94 points, or 0.43 percent.
Australia's S&P/ASX 200 (^AXJO) retreated 25.40 points, or 0.29 percent, and the All Ordinaries (^AORD) fell 0.26 percent.
New Zealand's S&P/NZX 50 (^NZ50) declined 47.09 points, or 0.35 percent. Malaysia's KLSE (^KLSE) fell 0.50 percent.
Other key Asian indices saw modest gains. India's BSE Sensex (^BSESN) edged up 0.15 percent,
Indonesia's IDX Composite (^JKSE) rose 0.64 percent, and Singapore's STI Index (^STI) inched up 0.22 percent.
Taiwan's TWII (^TWII) registered a minimal increase of 0.09 percent.
In the EMEA region, Egypt's EGX 30 (^CASE30) had a strong session, rising 267.30 points, or 0.77 percent.
Conversely, Israel's TA-125 (^TA125.TA) was a significant underperformer, dropping 34.20 points, or 1.07 percent.
South Africa's Top 40 USD Net TRI Index (^JN0U.JO) gained 0.58 percent.
Currency and Global Index Movement
The U.S. Dollar weakened across the board. The US Dollar Index (DX-Y.NYB) fell 0.27 points, or 0.27 percent, to 97.51.
The Euro Currency Index (^XDE) strengthened by 0.41 points, or 0.35 percent, to 117.38.
The British Pound Currency Index (^XDB) gained 0.46 points, or 0.34 percent, to 135.78.
The Japanese Yen Currency Index (^XDN) saw a slight increase of 0.15 percent, while the Australian Dollar Currency Index (^XDA) was a top performer, rallying 0.47 points to 66.64.
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