Asian markets opened on a steady note Tuesday, posting marginal gains as trading resumed after an extended weekend. Investors remain cautious as global cues stay mixed, particularly with the US Federal Reserve’s interest rate decision due later this week.
The forex market opened on a volatile note, reflecting uncertainty across asset classes. Meanwhile, U.S. stock futures are trading in a tight range, following modest losses on Wall Street, where energy stocks led the decline.
Here’s how the major global indices and futures are performing:
Global Futures Snapshot (As of early trade)
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Dow Futures (US): 41,183 ▼ 36 pts (−0.09%)
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Nasdaq Futures (US): 19,862 ▼ 106 pts (−0.53%)
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US Small Cap 2000 Futures: 2,002 ▼ 2 pts (−0.10%)
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DAX Futures (Germany): 23,411 ▼ 48 pts (−0.20%)
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FTSE Futures (UK): 8,618 ▲ 19 pts (+0.22%)
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Hang Seng Futures (Hong Kong): 22,540 ▲ 117 pts (+0.52%)
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Taiex Futures (Taiwan): 20,407 ▼ 16 pts (−0.08%)
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Gift Nifty (India): 24,562 ▲ 8 pts (+0.03%) (adjusted)
Wall Street Previous Close (May 5, 2025)
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Dow Jones: 41,218 ▼ 98 pts (−0.24%)
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Nasdaq Composite: 17,844 ▼ 133 pts (−0.74%)
With the Fed rate decision looming, global equity markets are likely to remain range-bound in the near term as traders wait for direction on monetary policy and macroeconomic signals.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to risks. Readers should consult a certified financial advisor before making any investment decisions.
