New York: Major stock markets around the world have experienced significant gains in May, reflecting positive investor sentiment and economic outlook. The U.S. stock markets, in particular, showed remarkable upward trends with the Dow Jones index climbing by 2.81% to 42,410.10 points. Similarly, the SandP 500 index saw an increase of 3.26%, reaching 5,844.19 points, while the Nasdaq index surged by 4.35% to 18,708.34 points.

According to Azeri-Press News Agency, European stock markets also reported positive movements earlier in the month. On May 8, the FTSE 100 index in the United Kingdom increased by 0.59% to 8,604.98 points. Germany's DAX index rose by 0.29% to 23,566.54 points, and France's CAC-40 index grew by 1.37% to 7,850.10 points, contributing to the overall optimistic market environment.

In addition to the stock market indices, currency markets also showed notable activity. The exchange rate of the euro against the dollar increased by 0.12%, reaching USD 1.1242, indicating a modest strengthening of the euro in the world markets.