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Asian Stock Markets Surge Overnight; Japan's Nikkei 225 Jumps 5.58% to Record High on May 8

GateNews
IndicesStocks
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%.
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