New Delhi, 15 May (H.S.):

Global markets are sending mixed signals today. US markets closed stronger in the previous session, although Dow Jones futures are trading lower this morning. European markets also maintained an uptrend in the last session. By contrast, Asian markets are generally showing weakness today.

Tech-driven gains sustained the US rally in the prior session, helping Wall Street close in the green.

The Dow Jones Industrial Average ended up 370.26 points, or 0.75 percent, at 50,063.46. The S&P 500 jumped 0.77 percent to finish at 7,501.24, while the Nasdaq rose 232.88 points, or 0.88 percent, to close at 26,635.22.

Meanwhile, Dow Jones futures are currently trading lower by 116.02 points, or 0.23 percent, at 49,947.44.

European markets saw buying momentum in the previous session. The FTSE closed up 0.46 percent at 10,372.93. France’s CAC gained 0.92 percent to finish at 8,082.27, and Germany’s DAX rose 319.45 points, or 1.31 percent, to close at 24,456.26.

In Asia, selling pressure predominates. Six of nine Asian indices are trading in the red, while two show modest gains. Jakarta’s composite is inactive today because the Indonesia Stock Exchange is closed for a holiday. The GIFT Nifty is trading up 0.25 percent at 23,789.50, and the Shanghai Composite is up 0.12 percent at 4,183.06.

On the downside, the Nikkei is down 794.05 points, or 1.27 percent, at 61,860. The Hang Seng has slipped 238.04 points, or 0.90 percent, to 26,151. The Kospi is showing significant weakness, falling 275.66 points, or 3.45 percent, to 7,705.75.

Taiwan’s weighted index is down 252.67 points, or 0.61 percent, at 41,499.08. Thailand’s SET Composite is trading 0.30 percent lower at 1,534.48, and Singapore’s Straits Times index is down 0.08 percent at 4,991.78.

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Hindusthan Samachar / Jun Sarkar