New Delhi, March 18 (HS): The global market on tuesday, displays signs of strength, with the American market remaining optimistic from the previous session. Wall Street indices closed higher, though Dow Jones futures are currently down. The European market also showed an upward trend, while Asian markets exhibit overall bullishness today.
On Monday, optimism surged from negotiations between Donald Trump and Vladimir Putin to address the Russia-Ukraine conflict. This drove US indices higher: the Dow Jones Industrial Average rose by 353.44 points (0.85%) to close at 41,841.63 points, the S&P 500 increased by 0.64% to 5,675.12 points, and the Nasdaq gained 0.31%, finishing at 17,808.66 points. However, Dow futures are at 41,734.99 points, down by 106.64 points (0.25%).
European markets mirrored this positivity, with the FTSE index up by 0.55% (8,680.29 points), the CAC index rising by 0.57% (8,073.98 points), and the DAX adding 167.75 points (0.72%) to reach 23,154.57 points.
In Asia, 8 out of 9 markets are in the green, although the Jakarta Composite Index notably dropped by 230.77 points (3.57%) to 6,241.18 points. Conversely, the GIFT Nifty rose by 165.50 points (0.73%) to 22,773.50 points, while the Straits Times Index increased by 1.05% to 3,899.78 points.
The Hang Seng Index surged by 419.32 points (1.74%) to 24,564.89 points, and the Nikkei Index climbed by 542.70 points (1.45%) to 37,939.22 points. Other indexes also reported gains, indicating a broadly positive trading session across Asia.
Hindusthan Samachar / Jun Sarkar
