24-10-2025

Global Markets Rally on Earnings, Economic Indicators

Date: 24-10-2025
Sources: cnbc.com: 4
Image for cluster 10
Image Prompt:

A graph showing rising global market indices with a backdrop of economic indicators and earnings reports

Summary

Asia-Pacific and European markets rose on positive economic indicators and earnings reports, with investors monitoring developments in US-China trade talks and geopolitical tensions.

Key Points

  • Asia-Pacific markets rose on gains in Nikkei 225 and Hang Seng Index
  • US markets closed higher ahead of inflation report
  • European stocks expected to open higher on strong earnings reports

Articles in this Cluster

Asia-Pacific markets: Nikkei 225, CSI 300, Hang Seng IndexStock Chart Icon

The article discusses the performance of Asia-Pacific markets, with South Korea's Kospi rising to a record high after the White House announced that US President Donald Trump and Chinese President Xi Jinping would hold talks next Thursday. Japan's Nikkei 225 and Hong Kong's Hang Seng Index also saw gains. The article highlights various economic indicators, including Japan's core inflation rate, which rose to 2.9% in September, and the Reserve Bank of Australia's plans to modernize the nation's interbank settlement system. Overnight, US markets closed higher, with the S&P 500, Dow Jones, and Nasdaq Composite all rising.
Entities: Donald Trump, Xi Jinping, South Korea, Kospi, KosdaqTone: neutralSentiment: positiveIntent: inform

CNBC Daily Open: Trump's handprints on the U.S. economy

The article discusses the influence of US President Donald Trump on the US economy, highlighting his recent actions and their impact on the markets. Trump terminated trade talks with Canada over an advertisement, pardoned Binance founder Changpeng Zhao, and the US government's stake in Intel has raised questions about the blurring of personal and professional dealings. Meanwhile, China has softened its stance ahead of a meeting between Trump and Xi Jinping. The article also touches on the performance of US stocks, with the Nasdaq Composite outperforming, and the upcoming inflation report.
Entities: Donald Trump, Canada, Changpeng Zhao, Binance, ChinaTone: neutralSentiment: negativeIntent: inform

CNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?

The article discusses the potential for a four-year U.S. economic plan under President Donald Trump, with a twist. It highlights Intel's revenue beating expectations, Trump's pardon of Binance founder Changpeng Zhao, and China's focus on domestic consumption. The S&P 500 rose on Thursday, recovering from previous losses. The article also touches on Trump's dealings and their impact on the economy, including his stake in Intel and his family's crypto venture.
Entities: Donald Trump, Intel, China, Binance, Changpeng ZhaoTone: neutralSentiment: neutralIntent: inform

European stocks to open higher as earnings buoy sentiment

European stocks are expected to open higher on Friday due to a surge in earnings reports from major companies. The DAX 40, CAC 40, and FTSE MIB indexes are predicted to rise by around 0.2%, while the FTSE 100 is expected to remain flat. Investors are monitoring earnings reports from companies like Natwest, Saab, and Volvo Group, as well as data releases such as the HCOB Eurozone Composite PMI. The positive sentiment is supported by strong earnings reports from companies like Kering and Volvo Cars, which saw significant stock price increases. Meanwhile, geopolitical developments, including sanctions against Russia and trade tensions between the US and Canada, are also being watched by investors.
Entities: European stocks, DAX 40, CAC 40, FTSE MIB, FTSE 100Tone: neutralSentiment: positiveIntent: inform