Global Markets Report - 12 July

Category: Finance

Australian shares are set to open higher, while Wall Street large tech stocks dropped as small caps gained following inflation reports. Chinese and Hong Kong shares ended higher on positive sentiment. Japan's Nikkei Stock Average rose to a record high. India's Sensex closed flat. U.K. stocks rose. The U.S. stock market experienced declines in large tech stocks but saw gains in small and midsize companies. The market reacted positively to easing inflation data, anticipating rate cuts by the Federal Reserve.

Keywords: Australian shares, Wall Street, inflation reports, small caps, Chinese shares, Japan's Nikkei Stock Average, India's Sensex, U.K. stocks, U.S. stock market, Federal Reserve

Source: Morningstar Australia

Update At: 7/15/2024

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