According to 10 Finance Futures, Asian stock markets surged overnight (May 8), with Japan’s Nikkei 225 jumping 5.58% to close at 62,833.84 points, hitting a record high. South Korea’s KOSPI rose 1.43% to 7,490.05 points, also marking a fresh peak. South Korea’s stock market value surpassed Canada to become the world’s seventh-largest equity market. In contrast, U.S. stock indices declined modestly, with the Dow Jones down 0.63% to 49,596.97 points, the S&P 500 down 0.38% to 7,337.11 points, and the Nasdaq down 0.13% to 25,806.2 points. Europe’s major indices fell across the board, with Germany’s DAX down 1.02%, France’s CAC 40 down 1.17%, and the UK’s FTSE 100 down 1.55%.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
University of Michigan Consumer Sentiment Index Falls to 47.8 in May, Below 52 Forecast
The University of Michigan Consumer Sentiment Index came in at 47.8 in May, below the expected reading of 52 and down from 52.5 in the prior month.
GateNews2h ago
University of Michigan Consumer Sentiment Index Beats Forecast at 48.5 in May
The University of Michigan Consumer Sentiment Index initial reading came in at 48.5 in May, exceeding the forecast of 48.1 and matching the previous month's reading of 48.1.
GateNews2h ago
U.S. Consumer Sentiment Index Drops to Lowest Level Since Trump's Second Term Began in May
According to official data, the University of Michigan Consumer Sentiment Index fell to its lowest level since the start of Trump's second term in May 2026.
GateNews4h ago
U.S. Consumer Confidence Index Falls to Lowest Level Since Trump's Second Term Began
The University of Michigan's consumer confidence index fell in May to its lowest level since the start of Trump's second term, according to the latest data release.
GateNews5h ago
U.S. Consumer Confidence Falls to Lowest Level Since Trump's Second Term in May
According to University of Michigan data, U.S. consumer confidence fell to its lowest level since the start of Trump's second term in May.
GateNews11h ago
Crypto Fear and Greed Index Rises to 48, Up 11 Points From Previous Day
According to Coinglass data, the Crypto Fear and Greed Index currently stands at 48, up 11 points from yesterday. The 7-day average is 43, while the 30-day average is 32.
GateNews12h ago
