Global equity markets posted strong gains, led by a powerful surge in U.S. indices on December 10. The Dow Jones Industrial Average jumped 497.46 points (+1.05%) to 48,057.75, supported by broad-based buying across blue-chip stocks.
The S&P 500 rose 0.67% to 6,886.68, while the tech-heavy NASDAQ Composite added 0.33% to 23,654.16 amid steady investor sentiment. The NYSE Composite Index posted one of the strongest moves of the day, climbing 1.29%.
Small-cap equities also participated in the risk-on rally, with the Russell 2000 rising 1.32% to 2,559.61.
In sharp contrast, market fear gauges eased significantly. The CBOE Volatility Index (VIX) fell 6.85% to 15.77, signaling improving confidence among investors.
Across Europe, performance was mixed. The FTSE 100 managed a slight gain of 0.14%, while Germany’s DAX slipped 0.13% and France’s CAC 40 fell 0.37%. The Euro Stoxx 50 also edged lower by 0.18%, reflecting selective profit-taking in major European markets.
The day’s movements underscore a global shift toward equities as easing volatility and strong U.S. momentum lift market sentiment, even as European bourses remain cautious.