New Delhi, August 1 (H.S.): Today, global markets reflect weak signals, with the American market closing lower in the previous session. Although Dow Jones futures show a slight increase, European markets also faced pressure, mirroring the downtrend in Asia. U.S. President Donald Trump has implemented a new tariff system today, increasing tariffs for most countries, except Mexico and India, where a planned tariff is delayed for a week. This new tariff policy has bred disappointment in global markets, contributing to the recent decline of the S&P 500 index, closing at 6,339.39 (-0.37%) and the Nasdaq, ending at 21,122.45 (-0.03%). European markets mirrored this trend, with the FTSE index closing down 0.05% at 9,132.81, the CAC index falling 1.16% to 7,771.97, and the DAX down 0.82% at 24,065.47. In Asia, bearish sentiment prevails, with 8 out of 9 markets trading in the red; only the Jakarta Composite index rose, gaining 1.04% to 7,561.87. The GIFT Nifty dropped 0.37% to 24,743.50, while the Hang Seng dipped 0.42% to 24,670. The KOSPI saw a significant drop of 3.28% to 3,138.95, and the Taiwan Weighted Index fell by 0.66% to 23,386.06. Other indices, including the Nikkei and SET Composite, also posted declines, highlighting the overall negative sentiment affecting the region's markets.

Hindusthan Samachar / Jun Sarkar