New Delhi, 9 February :Mixed signals are being received from the global market today. Initial weakness is visible in Asian markets. At the same time, US futures seem to be recovering marginally today. Prior to this, the US markets had closed with a decline in the previous trading session. European markets also traded mixed during the previous session.
During the trading of the previous session, the Nasdaq closed at a level of 11,910.52 points, down 203.27 points, or 1.68 percent. Similarly, the S&P 500 index ended the previous session’s trading at 4,117.86 points, down 1.11 percent. Apart from this, Dow Jones closed at the level of 33,949.01 points with a weakness of 207.68 points i.e. 0.61 percent.
Let us tell you that only yesterday Google demonstrated AI chatbot. Since this event, there has been a downward trend in tech stocks. Alphabet’s shares were down about 7 percent. Similarly, there was a downward trend in the shares of other big tech companies as well. Meanwhile, Disney has announced the layoff of about 7,000 of its employees. It is believed that interest rates can be further increased in America, so that inflation can be controlled completely. But because of this, the global agency Fitch has expressed the possibility of a decline in the growth rate of America as well. It is being told that for all these reasons, Wall Street was seen working under constant pressure in the last trading session.
The European market also remained mixed during the previous trading session. Two indices of the European market closed with gains, while one recorded a decline. The FTSE index closed with a gain of 0.26 per cent. Similarly, the DAX index also ended the previous session’s trading at a level of 15,412.05 points with a gain of 91.17 points, or 0.59 percent. On the other hand, the CAC index closed at a level of 7,119.83 points with a weakness of 0.18 percent.
Today, Asian markets also have a generally bearish trend. Except for the three markets of Asia, all the other markets are seen trading with a decline. SGX Nifty is seen trading at a level of 17,852 points with a decline of 0.21 percent. Similarly, the Nikkei index is trading at a level of 27,522.27 points with a weakness of 84.19 points i.e. 0.30 percent. At the same time, the Straits Times Index also remained at the level of 3,361.11 points, falling 0.81 percent. Apart from this, the Taiwan Weighted Index fell 0.13 percent to 15,598.21 points, the Set Composite Index was trading at 1,664.68 points with a weakness of 0.34 percent and the Kospi index was down 0.03 percent to 2,482.91 points.
On the other hand, the Hang Seng index is trading at the level of 21,358.98 points with a strength of 75.46 points i.e. 0.35 percent. Similarly, with a rise of 0.61 percent, the Shanghai Composite Index is currently seen at the level of 3,252.02 points. The same Jakarta Composite Index is currently trading at a level of 6,943.23 points with a gain of 0.04 percent.
