New Delhi, September 12 (HS): Global markets reflected positive sentiment on Friday with strong cues from Wall Street and steady gains across European and Asian indices. Investors remained buoyant on expectations of a potential interest rate cut, propelling major benchmarks to new highs.

Wall Street Sets New Records

US markets closed at record levels in the previous session as optimism over rate cuts lifted buying momentum. The Dow Jones crossed the 46,000-mark for the first time, while the S&P 500 recorded its 23rd all-time high of 2025, ending 0.85 percent higher at 6,587.46. The Nasdaq Composite also surged 157.01 points, or 0.72 percent, to close at 22,043.07.

Currently, Dow Jones Futures is trading marginally higher by 0.01 percent at 46,112.93.

Steady Gains in Europe

European indices maintained their upward momentum during the last trading session. The FTSE 100 gained 0.78 percent to close at 9,297.58, the CAC 40 advanced 0.80 percent to 7,823.52, while Germany’s DAX settled 0.30 percent higher at 23,703.65.

Asian Markets in Positive Territory

Asian markets mirrored global optimism, with 8 out of 9 key indices trading in the green. The only laggard was the Straits Times Index, which slipped 0.23 percent to 4,345.62.

Key movers across Asia:

GIFT Nifty: Up 0.15 percent at 25,148.

Shanghai Composite: Higher by 0.24 percent at 3,884.71.

Hang Seng Index: Jumped 424.68 points, or 1.63 percent, to 26,511.

Kospi: Gained 1.20 percent at 3,384.23.

Jakarta Composite: Rose 1.12 percent to 7,834.30.

Taiwan Weighted Index: Up 235.10 points, or 0.93 percent, at 25,450.81.

Nikkei 225: Added 368.50 points, or 0.83 percent, to 44,741.

SET Composite: Gained 0.28 percent to 1,291.65.

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Hindusthan Samachar / Jun Sarkar