BA Jet fire in Las Vegas, Nikkei up nearly 8%
Synopsis
The Nikkei rises nearly 8% as a British Airways flight catches fire in Las Vegas.
Synopsis
The Nikkei index in Japan rises nearly eight percent, marking its largest increase since 2008, as global stock markets surge. European shares follow the upward trend set by Asia, with the S&P 500 in the U.S. expected to open higher on Wednesday. Investor confidence is bolstered by the Chinese government's commitment to support its economy. Meanwhile, a British Airways flight bound for London experiences a catastrophic engine failure, resulting in a fire at Las Vegas Airport before takeoff, injuring at least 14 people. In a significant historical moment, Queen Elizabeth II surpasses her great-great-grandmother Queen Victoria as the longest-reigning British head of state after 63.5 years on the throne.
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