Global equities painted a mixed picture on Tuesday as U.S. markets closed unevenly overnight, weighed down by stronger-than-expected inflation data and persistent concerns over trade tariffs. The Dow Jones slipped nearly 1% while the Nasdaq managed a modest gain. Asian markets, however, opened mostly higher, with Hong Kong’s Hang Seng and Taiwan’s Taiex leading the gains, rising over 1% each. Japan’s Nikkei and South Korea’s Kospi edged lower, reflecting cautious sentiment. European futures also showed a subdued tone, with Germany’s DAX slightly down but the UK’s FTSE inching higher.
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US markets:
Dow Jones fell 0.98%, closing at 44,023
Nasdaq rose 0.18%, closing at 20,678 -
Asian markets this morning:
Hang Seng Futures (Hong Kong) up 1.13% at 24,809
Taiex Futures (Taiwan) up 0.99% at 23,029
Nikkei (Japan) down 0.08% at 39,647
Kospi (South Korea) down 0.55% at 3,198
Gift Nifty (India) down 0.34% at 25,180 -
European Futures:
DAX (Germany) down 0.19% at 24,133
FTSE (UK) up 0.09% at 8,952
While U.S. markets closed mixed after stronger-than-expected inflation data and ongoing trade concerns, Asian markets opened largely positive with notable gains in Hong Kong and Taiwan. Meanwhile, Japanese and South Korean indices slipped slightly in early trade.