New Delhi, May 20 (HS): Positive trends are emerging in global markets today. The US markets saw slight gains, recovering from previous fluctuations, although Dow Jones futures are showing weakness today. European markets concluded mixed, with various indices experiencing different outcomes. The decline in the US credit rating pressured the markets, yet Treasury Secretary Scott Baiset’s commitment to strengthening the economy and reducing government spending prompted a slight recovery, as exemplified by the S&P 500’s close up 0.09% at 5,963.60 points, and the Nasdaq with a minor gain of 0.02% at 19,215.46 points. Currently, Dow Jones futures are at 42,768.74 points, down 0.05%.

In Europe, despite fluctuations, the FTSE gained 0.17% to 8,699.31 points, and the DAX rose by 0.70% to 23,934.98 points. Conversely, the CAC index closed down by 0.04% at 7,883.63 points.

In Asia, the markets are showing broad-based buying. All nine Asian market indices are in the green, with GIFT Nifty at 25,003.50 points (up 0.05%), the Straits Times at 3,885.66 points (up 0.24%), and the Hang Seng at 23,641.72 points (up 1.31%). The Nikkei is at 37,634.20 points (up 0.36%), while the Taiwan Weighted, KOSPI, SET Composite, Jakarta Composite, and Shanghai Composite indices also posted gains, reflecting a strong trading environment in the region.

Hindusthan Samachar / Jun Sarkar