Delhi, 3 September (H.S.): Global cues turned negative today with U.S. and European markets closing lower in the previous session, while Asian markets displayed a mixed performance. Dow Jones Futures also remained under pressure, signaling investor caution.
On Wall Street, profit booking continued to dominate, dragging all major indices into the red. The Dow Jones Industrial Average slipped 250 points, while the S&P 500 lost 0.69% to close at 6,415.54. The Nasdaq Composite dropped 175.92 points, or 0.82%, to settle at 21,279.63. Dow Futures are currently trading 141 points lower at 45,154.75, down 0.31%.
European equities also faced heavy selling pressure in the last session. The FTSE index slid 0.87% to 9,116.69, while France’s CAC shed 0.70% to 7,654.25. Germany’s DAX tumbled sharply by 550 points, or 2.34%, closing at 23,487.33.
In Asia, trading has been mixed, with four indices in positive territory and five under pressure. The Taiwan Weighted Index gained 0.32% to 24,093.35, the Kospi advanced 0.34% to 3,183.15, and Indonesia’s Jakarta Composite surged 0.92% to 7,873.12, while the SET Composite climbed 0.74% to 1,258.
On the flip side, Singapore’s Straits Times Index weakened 0.32% to 4,284.76, China’s Shanghai Composite slipped 0.96% to 3,820.98, Japan’s Nikkei lost 247 points or 0.58% to 42,063, and Hong Kong’s Hang Seng declined 0.43% to 25,388. Meanwhile, GIFT Nifty also edged down 0.07% to 24,648, reflecting cautious start cues for Indian equities.
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Hindusthan Samachar / Jun Sarkar
