S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe Shanghai Composite rose 0.15% to around 3,875, while the Shenzhen Component gained 0.8% to 12,880 on Wednesday, marking a third straight session of gains as mainland stocks mirrored global markets amid growing bets on a US Federal Reserve rate cut next month. Expectations for a cut strengthened after the latest US data pointed to softening consumer spending, while reports suggested a dovish candidate is being considered for the next Fed chair. Technology stocks led the advance in China, with Eoptolink Technology up 6%, Zhongji Innolight 8%, Foxconn Industrial 2%, and both Zhejiang Sanhua and Luxshare Precision 1.8%. In corporate news, Alibaba reported stronger-than-expected 34% growth in its cloud business, which offset a sharp profit decline as the company ramped up spending on consumer subsidies and data centers to capitalize on the AI boom.
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