Global stock markets steadied on Thursday, with investors showing caution after the Federal Reserve cut interest rates on Wednesday, signaling a measured approach to further monetary policy easing.
The Dow Jones Industrial Average closed at 46,018.32 points, up 260.42 points, or 0.57 percent. The Nasdaq closed at 22,261.33 points, edging up by 0.33 percent, and the S and P 500 index closed at 6,600.35 points, down by 0.1 percent.
China's A share and Hong Kong's Heng Seng Index fell by 1.15 and 1.35 percent respectively, while Japan's Nikkei 225 closed up by 1.15 percent at 45,303.43 points.
In Europe, the UK's FTSE 100 rose 0.14 percent, the German DAX 30 went up 0.13 percent, while the French CAC 40 dropped by 0.40 percent.
Immediately after the Fed's rate decision, the US dollar index, which tracks the greenback against a basket of major currencies, dropped to 96.224, its lowest since February 2022.
Stock, dollar trade tentative as markets assess Fed outlook following rate cut
China is willing to strengthen communication, enhance trust, eliminate interference, and deepen cooperation with Canada to bring bilateral relations forward on a steady and sound track in solid strides under the new circumstances, said Chinese Foreign Minister Wang Yi on Thursday.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, met with Canadian Foreign Minister Anita Anand in Beijing on the day.
Referring to Canadian Prime Minister Mark Carney's visit to China, the first by a Canadian prime minister in eight years, Wang said the trip marks a milestone in bilateral ties and signals a turning point in the relationship.
The leaders of the two countries will hold meetings and talks, which are expected to open up new prospects for bilateral relations, said Wang.
The world today is undergoing profound and complex changes, and the impact of China-Canada relations transcends the bilateral scope, Wang noted.
Wang said that China and Canada have different social systems, stemming from different historical and cultural heritage, and based on the choices of their respective people.
He urged both sides to view each other in a rational and amicable manner with an inclusive mindset, handle issues on the basis of mutual respect, focus on the agenda of cooperation, and send positive messages so as to foster optimism, inject greater confidence into the development of bilateral relations, and jointly build a new type of strategic partnership between China and Canada.
Anand said the new Canadian government attaches great importance to relations with China. She also added that Prime Minister Carney looks forward to engaging in in-depth exchanges with Chinese leaders during the visit to set the course for the development of bilateral relations, resume dialogue in various fields, pursue more mutually beneficial outcomes, enhance coordination and cooperation in multilateral affairs, and further advance the strategic partnership between the two countries.
China ready to work for steady, sound ties with Canada: FM
