New Delhi, 27 February (H.S.):

Global markets are flashing signs of frailty today, with American indices closing lower in the previous session and broad selling weighing on Asian bourses. While Dow Jones futures hint at a slight rebound, European markets had bucked the trend with gains yesterday.

Technology stocks, particularly Nvidia which plunged over 5.50 percent, dragged U.S. markets down amid sustained pressure. The S&P 500 index settled 0.54 percent weaker at 6,908.86, while the Nasdaq tumbled 279.73 points or 1.21 percent to end at 22,872.35.

European counters displayed vigor in their last session. London's FTSE index advanced 0.37 percent to close at 10,846.70, Paris' CAC 40 surged 0.72 percent to 8,620.93, and Frankfurt's DAX rose 113.08 points or 0.45 percent to 25,289.02.

Asian markets largely mirrored the downturn, with six out of nine key indices trading in negative territory and two showing marginal gains; Taiwan Weighted remained flat due to a holiday. Tokyo's Nikkei edged up 170.27 points or 0.29 percent to 58,753.39, and Singapore's Straits Times climbed 0.27 percent to 4,977.65.

Conversely, GIFT Nifty weakened 156.50 points or 0.61 percent to 25,508.50, South Korea's Kospi shed 0.53 percent to 6,273.77, and Hong Kong's Hang Seng plummeted 384.70 points or 1.46 percent to 26,381.02. Jakarta Composite slipped 0.27 percent to 8,212.64, Shanghai Composite eased 0.17 percent to 4,139.53, and Thailand's SET Composite dipped 0.14 percent to 1,531.56.

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Hindusthan Samachar / Jun Sarkar