Global market: Mixed signals are being received from global markets. Most Asian markets are trading with weakness. Gift Nifty is showing good growth. Dow futures are trading flat. US markets closed mixed in yesterday’s trading session. The Dow Jones and S&P500 indexes closed down yesterday. The Dow came under pressure yesterday after 8 days of rise. At the same time, the Nasdaq closed yesterday increase a rise of 47 points. America’s inflation figures will come tomorrow. The market is keeping an eye on these. GameStop’s stock rose 74 percent yesterday.
US markets closed mixed yesterday ahead of inflation data. Since traders are long-short, any change in inflation estimates could lead to a decline of 1 percent. The Dow Jones Industrial Average fell 0.2 percent yesterday to close at 39,431.5. At the same time, the Nasdaq rose 0.3 percent to 16,388. The S&P500 index closed at the level of 5,221 with a slight fall. On the other hand, the US 10-year bond yield fell by 1.6 basis points to 4.49. At the same time, the 2-year bond yield has fallen by 1 basis point to 4.86.
Asian markets mixed
Mixed business is being seen in Asian markets. Gift Nifty is around 22,260 with a gain of 101.50 points or 0.46 percent. At the same time, Nikkei is trading with a gain of 0.05 percent. However, a weakness of 0.06 percent is visible in the Straits Times. At the same time, Taiwan’s market is trading with a gain of 0.15 percent. While Hang Seng is trading with a slight gain of 0.06 percent. Whereas Kospi is showing a weakness of 0.04 percent. Shanghai Composite is also trading down by 0.09 percent.