New Delhi, 24 February (HS): Signs of weakness are being seen in the global market today. US markets fell prey to a big decline during the last session. However, Dow Jones futures are seen trading with gains today. European markets also closed with mixed results after trading under constant pressure during the last session. Selling pressure is also present in Asian markets today.
Due to concerns about slowdown and inflation, there was an atmosphere of panic in the US market during the last session, due to which Wall Street indices closed with a decline. Dow Jones fell by 750 points. Similarly, the S&P 500 index ended the last session’s trading at 6,014.97 points with a decline of 102.55 points i.e. 1.68 percent. Apart from this, Nasdaq slipped 428.87 points or 2.15 percent and closed at 19,533.49 points. Dow Jones Futures is currently trading at 45,608.49 points with a gain of 180.47 points or 0.42 percent.
There was constant pressure in the European market during the last session. The FTSE index closed at 8,659.37 points with a weakness of 0.04 percent. Similarly, the DAX index ended the last session’s trading at 22,287.56 points with a decline of 0.12 percent. On the other hand, the CAC index closed at 8,154.51 points with a gain of 0.39 percent.
There is selling pressure in the Asian markets today as well. Out of 9 Asian markets, 7 indices are trading in red with a fall, while one index is in the green with strength. Due to the holiday in Tokyo Stock Exchange, there is no movement in the Nikkei index today. The only Asian market, Straits Times Index, is currently trading at 3,942.10 points with a gain of 0.31 percent. On the other hand, GIFT Nifty is trading at 22,617.50 points with a weakness of 174.50 points i.e. 0.77 percent. Similarly, Taiwan Weighted Index has fallen by 154.17 points and reached the level of 23,576.08 points. A big decline is seen in the SET Composite Index today. Currently, this index has fallen by 1.16 percent and reached the level of 1,231.75 points. Similarly, the Hang Seng Index is trading at 23,348.82 points with a weakness of 129.10 points or 0.55 percent. Apart from this, the KOSPI Index is trading at 2,637.54 points with a fall of 0.64 percent, the Jakarta Composite Index is trading at 6,763.69 points with a fall of 0.58 percent and the Shanghai Composite Index is trading at 3,375.29 points with a fall of 0.11 percent.
Hindusthan Samachar / Jun Sarkar
