Global Market Cues | Dow and S&P 500 index closed at all-time highs amid strong corporate results

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19 APRIL 2021 09:45 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE

Poonam Saney

US – Dow and S&P 500 index closed at all-time highs amid strong corporate results – Robust China GDP growth and strong US retails sales lead credence to global recovery – Dow rose 0.48% to 34,201 while the S&P and Nasdaq were up by 0.36% and 0.10% Europe – European stocks rally after strong U.S. and China economic data spurred optimism on global recovery – European STOXX 600 index rose 0.8% – DAX gained 1.3% to new highs – FTSE and CAC was up 0.5% and 0.85%, closing at over one-year highs. – Daimler rose 2.7% helped by strong results on back of higher vehicle prices and strong demand in China Asia – Asian shares were mixed on Monday as investors focus on upcoming earnings. – Nikkei was down by 0.43% while ASX200 (Australia) was up by 0.24%. – Kospi Index was flat Oil -West Texas Intermediate crude lost 0.5% to $63.14 a barrel. Gold – Gold strengthened 0.8% to $1,778.25 an ounce.