Global equity markets sent mixed signals on Wednesday, with Asian indices trading unevenly, US futures largely flat, and European markets ending the previous session on a cautious note. Early indicators suggested a muted start for Indian equities, tracking slight weakness in Gift Nifty.
Asia-Pacific: Mixed Trend
Gift Nifty was down 20 points (0.08%) at 25,447, indicating a marginally lower opening for the Nifty 50.
Japan’s Nikkei slipped 0.57% to 53,029, pressured by profit booking at elevated levels.
Hong Kong’s Hang Seng outperformed, rising 1.55% to 27,546, supported by buying in select China-linked and tech stocks.
South Korea’s KOSPI gained 0.94% to 5,132, extending its recent positive momentum.
US Markets: Futures Steady After Volatile Session
Dow Futures were marginally higher, up 0.02% at 49,011, suggesting a flat-to-positive opening on Wall Street.
Overnight, the Dow Jones Industrial Average fell 0.83%, while the S&P 500 added 0.41%, reflecting sectoral divergence amid ongoing macro and earnings-related cues.
Europe: Mixed Close
FTSE 100 ended 0.58% higher at 10,207, led by banks and industrials.
Germany’s DAX slipped 0.15%, while France’s CAC 40 gained 0.27%, indicating a mixed close across major European markets.
Market View
Investors remain selective amid global macro uncertainty, with India expected to open slightly lower, tracking Gift Nifty and overnight cues from the US markets.