Weak Signals from Global Markets, Mixed Trading in Asia

New Delhi : Global markets are showing signs of weakness today. The U.S. markets experienced a significant decline in the last session. However, Dow Jones Futures is currently trading with gains. Similarly, after trading under pressure in the previous session, European markets closed with mixed results. Asian markets are also witnessing mixed trading today.

Donald Trump’s auto import tariff policy led to continued pressure in the U.S. market during the last session. Trump has announced a 25% tariff on foreign-made cars, which will come into effect from April 2. As a result, Wall Street indices closed lower in the last session.

The S&P 500 Index closed at 5,712.20 points, down 1.12%.

The Nasdaq ended the session at 17,899.01 points, falling 372.84 points (2.04%).

However, Dow Jones Futures is currently trading at 42,536.90 points, up 0.20%.

Like the U.S. market, European markets also traded under pressure in the last session and closed with mixed results.

The FTSE Index closed at 8,689.59 points, up 0.30%.

The CAC Index ended at 8,030.68 points, down 0.97%.

The DAX Index dropped 270.76 points (1.19%) to 22,839.03 points.

Mixed Trading in Asian Markets
Asian markets are witnessing mixed movements today. Out of the 9 major Asian markets, 6 indices are trading in the green, while 3 indices are in the red.

Taiwan Weighted Index is trading at 21,929.98 points, down 330.31 points (1.48%).

Kospi Index has fallen 1.04% to 2,616.37 points.

Nikkei Index has dropped 377.81 points (0.99%) to 37,649.48 points.

On the other hand, some Asian indices are showing strength:

Gift Nifty is trading at 23,549 points, up 0.08%.

Straits Times Index has gained 0.31% to 3,976.03 points.

Hang Seng Index is up 224.16 points (0.95%), reaching 23,707.48 points.

Jakarta Composite Index has risen 0.31% to 6,492.30 points.

Shanghai Composite Index is up 0.31% at 3,379.19 points.

SET Composite Index is trading at 1,190.82 points, with a slight 0.04% increase.