Global markets presented mixed signals today U.S. markets ended the previous trading session on a strong note, while Dow Jones futures continued to trade in positive territory. European markets closed with mixed results, whereas most Asian markets witnessed selling pressure during early trading.

 

Following the Independence Day holiday on Friday, U.S. markets resumed trading in an optimistic mood during the previous session. The Dow Jones Industrial Average climbed 155.84 points, or 0.29 per cent, to close at 53,055.91. The S&P 500 advanced 0.72 per cent to finish at 7,537.43, while the Nasdaq gained 288.49 points, or 1.12 per cent, to settle at 26,121.16. Meanwhile, Dow Jones futures were trading 0.11 per cent higher at 53,114.30.

 

European markets ended the previous session with mixed performances. The FTSE Index declined 0.26 per cent to close at 10,651.77, while France's CAC Index slipped 0.33 per cent to 8,479.87. In contrast, Germany's DAX Index gained 0.15 per cent to finish at 25,817.89.

 

Asian markets, however, were largely under pressure on Monday. Of the nine major Asian markets being tracked, seven were trading in negative territory, while only two posted gains.

 

Singapore's Straits Times Index rose 0.61 per cent to 5,291.90. Indonesia's Jakarta Composite Index also traded higher, gaining 0.59 per cent to reach 5,951.20.

 

On the downside, GIFT Nifty slipped marginally by 0.03 per cent to trade at 24,485. Hong Kong's Hang Seng Index fell 150.32 points, or 0.64 per cent, to 23,466.

 

South Korea's Kospi Index witnessed sharp selling pressure and was trading 577.30 points, or 7.17 per cent, lower at 7,474.03.

 

Japan's Nikkei Index also recorded a significant decline, falling 1,250.69 points, or 1.79 per cent, to 68,487.

 

Elsewhere in the region, Thailand's SET Composite Index was down 1.15 per cent at 1,598.33, China's Shanghai Composite Index declined 1.04 per cent to 3,999.03, while Taiwan's Weighted Index slipped 441.86 points,