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23.03.2015 16:00

Global Stocks: Wall Street booked gains, Nikkei at new 15-year highs, Chinese stocks continue rally

U.S. stocks rose on Friday on more or less dovish FED comments ealier in the week that drove the greenback lower. The S&P 500 closed +0.90% with a final quote of 2,108.10 points. The energy sector booked the led gains. The DOW JONES index added gains and closed at 18,127.65 points, +0.94%.

Chinese stocks started the week on a strong note. Hong Kong's Hang Seng is trading higher +0.43% at 24,480.06 points. China's Shanghai Composite closed at 3,687.81 points closing +1.95% - up for a eighth consecutive day and setting a new high at 3,688.34 points. Gains were led by technology and property companies.

The Nikkei continued its rally-mode and set a new 15-year high on tracking strong gains on Wall Street. The index closed +0.99% with a final quote of 19,754.36 points - little more than 1% to go for the 20,000 points milestone and the highest closing level since April 2000.

Market focus

  • UK PM Theresa May says that she is to step down on 7 June
  • UK retail sales remained unchanged in April
  • Italy’s Deputy Prime Minister Salvini says EU fiscal rules must be changed
  • President Trump says 'dangerous' Huawei could be included in U.S.-China trade deal
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