Global equities started the session on a positive note on Wednesday, with Asian markets trading higher, supported by sharp gains in technology and auto stocks in Taiwan and South Korea. The rally followed supportive cues from Western markets, where US equities closed higher in the previous session.
Investor sentiment was lifted by optimism around potential talks between US President and Chinese President, which could help revitalize trade negotiations between the two largest economies.
US stock index futures are currently trading flat, consolidating after the prior day’s gains.
Key global market snapshots:
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Dow Futures: 42,548, up 28 points (+0.07%)
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Nasdaq Futures: 21,665, up 2 points (+0.01%)
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US Small Cap 2000 Futures: 2,105, up 2 points (+0.09%)
Europe:
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DAX Futures: 24,164, up 50 points (+0.21%)
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FTSE Futures: 8,802, up 3.5 points (+0.05%)
Asia:
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Hang Seng Futures: 23,476, up 107 points (+0.45%)
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KOSPI: 2,760, up 62 points (+2.30%)
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Taiex Futures: 21,443, up 467 points (+2.23%)
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Nikkei 225: 37,743, up 296 points (+0.79%)
India:
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Gift Nifty: 24,725, up 50 points (+0.20%), indicating a positive start for Indian equities.
US markets closed higher on Tuesday:
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Dow Jones: 42,520, up 214 points (+0.51%)
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Nasdaq Composite: 19,399, up 156 points (+0.81%)
Investors globally will continue to monitor developments around US-China trade dialogue and macroeconomic indicators for further market cues.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult their financial advisors before making any investment decisions.
