European markets close with records

By Ovunc Kutlu

ANKARA (AA) – Major stocks in Europe closed with records on Wednesday, while the Dow Jones in the US also reached a new all-time high.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up 2 points, or 0.42%, to close at 474.32 after hitting an all-time high of 474.82.

London’s FTSE 100 increased 59, or 0.83%, to close at a record of 7,220.14.

Germany’s DAX 30 was up 55, or 0.35%, to 15,826, while France’s CAC 40 climbed 37 points, or 0.55%, to end the day at 6,857. Earlier, those indexes hit all-time highs of 15,887.16 and 6,867.11, respectively.

Italy’s Borsa Italiana FTSE MIB 30 soared 255, or 0.98%, to 26,457 after climbing to an all-time high of 26,480.20.

Spain’s IBEX 35 gained 76 points, or 0.86%, to close at 8,975.

In the US, the Dow hit an all-time high of 35,491.19 before retreating to 35,440 for a 0.83% gain at 12.18 p.m. EDT.

The S&P 500 was up 3 points, or 0.07%, to 4,439.

But Nasdaq fell 67, or 0.46%, to 14,720 points with Zoom Video shedding 4.8% and Uber losing 2.8%.

Optimism in indices came amid core consumer prices in the US, excluding food and energy, showing a modest monthly increase below estimates by rising 0.3% in July from the previous month, less than the 0.4% that analysts expected.