Trading on the New York stock market showed unusual price increases. The Dow Jones 30 index rose 3.7%, the S&P 500 rose 5.54% and the Nasdaq index jumped 7.35%. This is in light of inflation in the United States, which amounted to 7.7% in October, much less than expected and the results of inflation in September, which stood at 8.2%. Meanwhile, the global financial system estimated that the increase in interest rates in the US, if there is an increase in the near future, will be much lower than expected so far.
Increases were also recorded in Western Europe, although much more moderate. London’s FTSE rose 1.08%, Frankfurt’s DEX gained 3.51%, Madrid’s IBEX 35 rose 1.15% and Paris’ CAC 40 rose 1.91%. In the Far East, the stock exchanges have not yet closed trading, but there were also increases: Tokyo’s Nikkei 225 rose by about 2.9%, Hong Kong’s Hang Seng rose by about 5.8% and the CSI 300 rose by about 2.0%.