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Global Markets Signal Strength; Asian Indices Trade Higher

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New Delhi, September 29 (HS): Positive cues emerged from global markets on Monday as U.S., European, and most Asian indices displayed strong momentum. Wall Street closed the previous session with gains, while Dow Jones futures and European indices continued to trade firm. Asian markets too mostly reflected a buying bias, barring Japan’s Nikkei which slipped into negative territory.

Wall Street Performance

U.S. markets ended Friday’s session on a buoyant note. The S&P 500 advanced 0.59 percent to close at 6,643.70, while the Nasdaq gained 0.44 percent to end at 22,484.07. Dow Jones Futures are currently trading 131.55 points, or 0.28 percent higher, at 46,378.84, indicating continued optimism.

European Markets

European indices maintained strong upside momentum in the previous session. The FTSE surged 0.76 percent to close at 9,284.83. Similarly, France’s CAC index rose 0.96 percent to finish at 7,870.68, while Germany’s DAX climbed 204.64 points, or 0.86 percent, to settle at 23,739.47.

Asian Markets

Across Asia, sentiment remained broadly positive, with 7 out of 9 regional indices trading in the green. The Japanese Nikkei was the lone laggard, slipping 328.99 points, or 0.73 percent, to 45,026.Gift Nifty rose 0.21 percent to 24,757.Singapore’s Straits Times edged up 0.25 percent to 4,276.74.Hong Kong’s Hang Seng jumped 349.80 points, or 1.34 percent, to 26,478.South Korea’s Kospi advanced 1.28 percent to 3,429.54.Indonesia’s Jakarta Composite climbed 0.45 percent to 8,135.50.Thailand’s SET Composite gained 0.30 percent to 1,282.62.China’s Shanghai Composite inched up 0.13 percent to 3,832.90.

Hindusthan Samachar / Jun Sarkar

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