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Mixed signals from global market, bullish trend in Asia

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Delhi, 23 July (H.S.): Mixed signals characterize today’s global market. The American market previously closed with varied results, yet Dow Jones futures are currently showing strength. In the previous session, the Dow Jones gained 180 points, while the S&P 500 saw a slight uptick of 0.06 percent, closing at 6,309.62 points. Conversely, the Nasdaq fell by 0.39 percent to 20,892.68 points. Presently, Dow Jones futures indicate an expected increase of 131.76 points or 0.30 percent at 44,634.20 points.

Meanwhile, the European market also reported mixed outcomes under prior pressure. The FTSE index rose by 0.12 percent, reaching 9,023.81 points, whereas the CAC index declined by 0.69 percent to 7,744.41 points. The DAX index posted a substantial decrease of 265.90 points or 1.11 percent, closing at 24,041.90 points.

In contrast, Asian markets exhibit a robust bullish trend today, with all nine market indexes trading positively. The Gift Nifty stands at 25,152.50 points, rising 0.27 percent. The Straits Times Index increased by 0.38 percent to 4,224.38 points, while the Nikkei Index surged by 3.29 percent to 41,083.88 points. Other indexes, including the SET Composite, Taiwan Weighted, Jakarta Composite, Hang Seng, Shanghai Composite, and KOSPI, also reported gains, contributing to the overall positive sentiment across Asian markets.

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Hindusthan Samachar / Jun Sarkar

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