
Delhi, 14 October (H.S.): Global markets are showing strong positive signals on Tuesday, driven by a robust performance in the US and European markets during the previous session. Following a recovery from Friday’s downturn, US markets closed with significant gains on Monday.
However, Asian markets are exhibiting a mixed trading pattern today.Wall Street staged a strong comeback, with the Dow Jones Industrial Average surging by nearly 600 points. The S&P 500 index jumped 102.21 points, or 1.56 percent, to close at 6,654.72. Similarly, the Nasdaq Composite soared 490.18 points, or 2.21 percent, ending its session at 22,694.61.
The positive momentum continued into Tuesday, with Dow Jones Futures trading 0.08 percent higher at 46,102.43.
Mirroring the positive sentiment in the US, European markets also closed higher. The FTSE index edged up by 0.16 percent to 9,442.87, while the CAC index saw a 0.20 percent increase to close at 7,934.26. The DAX index posted a more substantial gain, rising 146.47 points, or 0.60 percent, to finish at 24,387.93.
In Asia, trading is mixed, with five of the nine major indices in the red, while four are trading with gains.
Gainers: Gift Nifty is trading 0.11 percent higher at 25,334.50, and South Korea’s KOSPI index is up by 0.29 percent at 3,594.92. The Taiwan Weighted Index has made a significant leap of 247.50 points, or 0.92 percent, to reach 27,170.56. The Shanghai Composite Index is also up by 0.21 percent at 3,897.56.
Losers: On the other hand, the Straits Times Index is down 0.17 percent to 4,382.29, and the Hang Seng Index has weakened by 0.29 percent to 25,814.
Japan’s Nikkei index is experiencing a sharp decline, plunging 943.80 points, or 1.96 percent, to 47,145. The Jakarta Composite Index has fallen by 0.49 percent to 8,186.67, and the SET Composite Index is trading 0.27 percent lower at 1,283.53.
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Hindusthan Samachar / Jun Sarkar