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Sensex Today | Stock Market LIVE Updates: Wall Street closed sharply higher on Wednesday as Democrats' sweeping midterm election victory eased political uncertainty and boosted risk appetite, though data center shares fell on fears of tighter AI regulation. The S&P 500 gained 119.7 points, or 1.6%, to end at 7,688.62 points, while the Nasdaq Composite added 364.50 points, or 1.4%, to 25,736.51. The Dow Jones Industrial Average rose 1,569.40 points, or 3%, to 53,356.12.
Sensex Today | Asian markets trade mixed; Hang Seng up nearly 3%, Kospi down 3.3%
Asian stocks were mixed as consumer and financial stocks rose following gains in US equities, while investors rotated away from semiconductor shares.
The majority of stocks in the MSCI Asia Pacific Index gained after the S&P 500 Index jumped 1.6% on Wednesday, its biggest advance in three months, and the Nasdaq 100 climbed 0.9%. South Korea’s tech-heavy Kospi Index dropped 3.6%, reflecting investor concerns over the future of data-center development and losses in US chip stocks.