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Global market shows mixed signals; downward trend in Asia

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New Delhi, July 04 (H.S.): Mixed signals are emerging from the global market today. U.S. markets closed strong in the previous session, but Dow Jones futures indicate a downward trend. European markets also showed enthusiasm earlier, while Asian markets are under pressure. Positive job data fueled a bullish atmosphere in the U.S., leading Wall Street indices to close up by approximately one percent, with the S&P 500 increasing by 0.83 percent to 6,279.35 points and the Nasdaq rising by 1.02 percent to 20,601.10 points.

Currently, Dow Jones futures are at 44,719.25 points, down by 0.24 percent. European markets maintained their bullish trend, with the FTSE index up by 0.55 percent at 8,823.20 points, the CAC index gaining 0.21 percent at 7,754.55 points, and the DAX index closing up by 0.60 percent at 23,934.13 points. In Asia, 7 out of 9 indices are in the red. The GIFT Nifty slightly increased by 0.03 percent to 25,503.50 points, and the Shanghai Composite rose by 0.41 percent to 3,475.24 points. However, the Nikkei fell by 0.12 percent to 39,738.35 points, and the KOSPI saw a notable decline of 1.38 percent to 3,073.14 points.

Hindusthan Samachar / Jun Sarkar

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