S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketEuropean equities extended their rally to fresh record highs on Tuesday, with the STOXX 50 rising 0.6% to 6,050 points and the broader STOXX 600 holding around 611 points. A weaker-than-expected US core inflation reading of 2.6% eased concerns that accelerating price pressures could delay interest rate cuts by the Fed later in the year. Sentiment was further supported as worries over the Fed’s independence temporarily subsided following pushback from several Republican lawmakers against a Justice Department criminal investigation involving Chair Jerome Powell. At the stock level, Ørsted shares jumped 5.6% after a US judge cleared the company to resume work on its nearly completed Revolution Wind project. Gains were also seen in SAP (+2.4%), Eni (+2.0%), Siemens (+1.7%), Banco Santander (+1.3%), and Airbus (+1.2%). On the downside, Saint-Gobain (-4.4%), Vinci (-3.7%), Carrefour (-3.1%), and Bayer (-2.2%) were among the weakest performers.
