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Mixed Signals from Global Market;Asian trend bullish

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New Delhi, May 21 (HS): Today, mixed signals are emerging from global markets. The US market encountered pressure in the previous session, with Dow Jones futures showing a decline today. Conversely, European markets were positive, while the Asian markets experienced strong buying activity. The uncertainty around tariffs and signals from the US Federal Reserve suggesting no imminent interest rate cuts contributed to the previous fall in the US market. The S&P 500 index closed down by 0.39% at 5,940.46 points, and the NASDAQ decreased by 0.38% to 19,142.71 points.

Presently, Dow Jones futures are down by 0.21% at 42,589.03 points. In Europe, markets remained buoyant, with the FTSE index rising by 0.93% to 8,781.12 points, the CAC index up by 0.74% at 7,942.42 points, and the DAX gaining 101.13 points, or 0.42%, to reach 24,036.11 points. Asian markets are mostly in the green, with 7 out of 9 indices showing gains. The Nikkei is down by 0.25% at 37,434.52 points, while the Straits Times index fell by 0.29% to 3,871.13 points. In contrast, the GIFT Nifty, Hang Seng, Taiwan Weighted, KOSPI, SET Composite, Jakarta Composite, and Shanghai Composite indices are all showing positive movements.

Hindusthan Samachar / Jun Sarkar

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