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Asian Markets Trade Mixed, US Stocks End Lower On Friday; Weak Start On D-Street? | CNBC TV18 [Video]

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Asian Economy and Markets

Asian Markets Trade Mixed, US Stocks End Lower On Friday; Weak Start On D-Street? | CNBC TV18

Asian markets traded mixed Monday ahead of the release of key economic data from China, a slew of central bank meetings this week. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1%, after dipping 0.7% last week.

Japan’s Nikkei 225 rallied 1.34% and the Topix jumped 1.21%. South Korea’s Kospi traded flat, while Kosdaq rose 0.9%. Hong Kong’s Hang Seng index futures indicated a strong opening.

Gift Nifty was trading around the 22,050 level, a discount of nearly 80 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.

US stock market indices ended lower on Friday dragged by technology stocks while investors weighed the interest rate outlook ahead of next week’s Federal Reserve meeting.

The Dow Jones Industrial Average dropped 190.89 points, or 0.49%, to 38,714.77, while the S&P 500 fell 33.39 points, or 0.65%, to 5,117.09. The Nasdaq Composite settled 155.36 points, or 0.96%, lower at 15,973.17.

Here’s the trade set-up for today.

#tradesetupfortoday #marketoutlookfortoday #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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