Positive Signals from Global Markets; Asian Markets Generally Upbeat
New Delhi: Positive signals are emerging from global markets today. U.S. markets closed strong in the previous session, although Dow Jones futures are currently trading with a slight decline. Similarly, European markets saw consistent buying in the previous session, and most Asian markets are also showing an upward trend today.
In the U.S., cautious trading took place on Wall Street ahead of the upcoming presidential election. The S&P 500 index closed up by 0.41%, reaching 5,728.80 points, while the Nasdaq rose by 144.77 points, or 0.80%, closing at 18,239.92 points. However, Dow Jones futures are currently trading with a 0.17% dip at 41,980.16 points.
European markets also maintained a positive trend in the last session. The FTSE index closed up by 0.82% at 8,177.15 points. Likewise, the CAC index ended with a 0.79% increase at 7,409.11 points, and the DAX index rose by 177.43 points, or 0.92%, closing at 19,254.97 points.
In Asian markets today, buying activity is generally seen. Out of the 9 major Asian markets, 6 indices are trading in green, while 2 are in the red. Due to a holiday at the Tokyo Stock Exchange, there was no movement in the Nikkei index. The GIFT Nifty is down by 150.50 points, or 0.62%, at 24,166.50 points, while the Jakarta Composite Index fell by 0.69% to 7,453.15 points.
On the other hand, the Straits Times Index is trading up by 0.54% at 3,574.51 points, while the Hang Seng Index has risen by 0.13% to 20,532.20 points. The Kospi Index saw a significant jump, currently trading up by 1.64% at 2,584.18 points. Similarly, the Taiwan Weighted Index rose by 119.17 points, or 0.52%, reaching 22,899.25 points. Additionally, the SET Composite Index gained 0.11%, trading at 1,465.75 points, while the Shanghai Composite Index rose by 0.53% to 3,289.51 points.