A powerful half 12 months for Wall Avenue with the assistance of synthetic intelligence Al Khaleej Newspaper

Wall Avenue ended a powerful half-year as the key indexes posted spectacular outcomes. The Nasdaq Index led the positive aspects by including 18.13% to its steadiness within the first six months to the tip of June 2024, as did the S&P 500, which jumped 14.48%, and the Dow Jones rose 3.79% for a similar interval.
New York’s outcomes mirrored the efficiency of European indices for the primary six months of the 12 months, when the usual “STOXX 600” added 32.4% to its steadiness, and the “DAX” rose ” German and the British “FTSE” equaled 8.86% and 5.57%, respectively, whereas “the German DAX” and the British “FTSE” rose 8.86% and 5.57%, respectively the French CAC 0.58% for the one time.
As for Asia, the Japanese “Nikkei 225” and “Topex” achieved a rise of 0.85% and 18.73%, respectively. The Grasp Seng in Hong Kong fell 3.94%, in comparison with the rise within the Chinese language CSI 300 by 0.89%. In South Korea, “KOSPI” rose +4.79%, and “KOSDAC” declined 3.02% for the primary half of the 12 months.

The American indices S&P and Nasdaq recorded month-to-month positive aspects of three.67% and 4.8%, and likewise quarterly positive aspects of three.9% and eight.3%, respectively. Whereas the Dow fell 1.7% within the final three months, with a slight improve of 1.76% in June, which reveals the distinction between the symptoms heavier with expertise and the remainder of the market.
Wall Avenue ended the primary half with a decline, Friday, because of buyers analyzing inflation knowledge and the political uncertainty that occurred after the current presidential debate. At a time when Nike shares recorded their worst day by day decline in practically 20 years, about 20%, after gloomy expectations for income for the 2025 fiscal 12 months.
Each day, the Normal & Poor’s Index fell 0.43%, to settle at 5,460.48 factors, whereas the Nasdaq Industrial Common and Dow Jones Industrial Common fell 0.71% and 0.12%, respectively, to 17,732.60 and 39,109.95 factors.
Knowledge confirmed that month-to-month inflation in the US was unchanged in Might, an encouraging improvement after a pointy rise in costs earlier this 12 months raised doubts concerning the viability of the Federal Reserve’s financial coverage.
The patron spending index rose barely by simply 0.1% final month, fueling hopes that the central financial institution will implement a “comfortable touchdown” for the economic system, based on the rise in bets has minimize rates of interest in September to 66%. Treasury outcomes additionally reversed early losses to shut greater, weighing on some shares of firms with giant market capitalization.

• European sources

European shares adopted within the footsteps of their American counterparts and closed decrease on Friday, anticipating key inflation knowledge in Washington and within the euro zone. Whereas inflation in Spain fell to three.5% from 3.8% the earlier month, it rose barely in Italy at 0.8% from June 2023.
The European Stoxx 600 index ended its day by day commerce down for the fourth session in a row, by 0.23%, to 511.42 factors, bringing its month-to-month decline to 0.4%, and its quarterly decline to 0.24% for the three months till June.
French inflation remained modest this month, with client costs rising 2.5% from a 12 months in the past, in comparison with 2.6% in Might. This gave President Macron an financial increase within the parliamentary election race. Nevertheless, the native CAC index fell 0.68% per day, registering 7479.4 factors, recording a month-to-month and quarterly lack of 5.74% and eight.85%, respectively.
Revised figures from the Workplace for Nationwide Statistics confirmed that the UK economic system grew by 0.7% within the first three months of the 12 months, greater than initially anticipated. The FTSE 100 index recorded a day by day lack of 0.19% on Friday, settling at 8164.12 factors, in addition to a month-to-month lack of 0.23%, however superior over the quarter by round 2.66%.
Germany’s DAX index alone, among the many fundamental European averages, rose on the final buying and selling day, by a small quantity of 0.14% to 18,235.45 factors, nevertheless it was not completely different from its friends per month-to-month or quarterly, and slipped by 1.29. % and 1.39%, respectively.

• Asia Pacific Markets

Asia-Pacific markets rose on Friday, as constructive financial knowledge from Japan pushed the Topix index to its highest degree in 34 years, ending the day with a development of 0.57% to 2809.63 factors, and a ‘ month with 2.48%, in addition to for the second quarter, including 1.48% to the steadiness.
The Nikkei 225 rose by 0.61%, reaching 39,583.08 factors, with a month-to-month development of two.66%, however declined barely within the final quarter by 1.95%.
On the identical time, the Japanese authorities appointed Atsushi Mimura, Deputy Minister of Finance for Worldwide Affairs, to interchange Masato Kanda. The Japanese yen hit the bottom degree in virtually 4 a long time, falling to 161.27 towards the US greenback.
In South Korea, the KOSPI index rose 0.49% to 2797.82 factors, reaching a month-to-month development of 4.5% and a quarterly development of 1.86%. “KOSDAC” for small shares additionally recorded a constructive shut, rising 0.21% on the final day of buying and selling to 840.44 factors. Regardless of its month-to-month development of 0.05%, the index decreased by 7.18% within the second quarter.
The Grasp Seng index in Hong Kong rose 0.36% within the final hour to 17,718.61 factors, nevertheless it misplaced 4.1% in June, alternatively, it jumped 7.12% for the final three months. In flip, the CSI index in mainland China rebounded from its lowest degree in 4 months to attain day by day positive aspects of 0.22% and shut at 3,461.66 factors. Though it went down 4.2% in June, and a pair of.14% for the second quarter.
In Australia, the S&P/ASX 200 index rose 0.1%, paring its positive aspects and shutting at 7767.5 factors, reaching a month-to-month development of 1.33%, and a quarterly lack of 1.46%.

* Month-to-month closing
“Dow Jones” +1.76%
“S&P” +3.67%
“Nasdaq” +4.8%
«Mr» -5.74%
“FTSE” -0.23%
“DAX” -1.29%
“Topex” +2.48%
“Nikai” +2.66%
“Grasp Seng” -4.1%
* Shut every season
“Dow Jones” -1.7%
S&P +3.9%
“Nasdaq” +8.3%
«Mr» -8.85%
FTSE +2.66%
“DAX” -1.39%
“Topex” +1.48%
“Nikai” -1.95%
“Grasp Seng” +7.12%
* From the start of the 12 months
“Dow Jones” +3.8%
S&P +14.5%
“Nasdaq” +18.1%
«Mr» -0.58%
FTSE +5.57%
“DAX” +8.86%
“Topex” +18.73%
“Nikai” +0.85%
“Grasp Seng” -3.94%