Signs of weakness from global market, selling pressure in Asia also

New Delhi, 24 October (Hindustan Reporter). There are signs of weakness from the global market for the third consecutive day today. US markets closed with a big fall during the last session. Dow Johns Futures also seems to be trading with weakness today. Similarly, there was continuous selling pressure in the European market during the last session. There is a generally declining trend in Asian markets today.

There was an atmosphere of disappointment in the US market during the last session, due to which the Wall Street indices closed with a decline. Dow Jones closed with a weakness of 400 points. Similarly, the S&P 500 index ended the last session's trading at the level of 5,797.42 points with a weakness of 0.92 percent. Apart from this, Nasdaq closed at the level of 18,276.65 points with a big fall of 296.47 points or 1.60 percent. At the same time, Dow Johns Futures is currently seen trading at the level of 42,440.71 points with a weakness of 0.17 percent.

Like the American market, the European market also remained under continuous pressure during the last session. The FTSE index closed at 8,258.64 points with a weakness of 0.58 percent. Similarly, the CAC index fell 0.50 percent and ended the last session's trading at the level of 7,497.48 points. Apart from this, the DAX index closed at the level of 19,377.62 points with a decline of 0.23 percent.

There is selling pressure in Asian markets also today. Out of 9 markets in Asia, the indices of 8 are trading in the red with a decline, while only 1 index remains in the green with an increase. The only Straits Times Index in Asian markets is currently trading at the level of 3,620.33 points with a gain of 0.54 percent.

On the other hand, GIFT Nifty is trading at the level of 24,417.50 with a weakness of 0.32 percent. Similarly, Nikkei index slipped by 0.10 percent and reached the level of 38,065.88 points. A big fall has been recorded in the Hang Seng Index today. At present, this index is seen trading at the level of 20,555.04 points with a weakness of 205.11 points or 1.01 percent. Similarly, Taiwan Weighted Index fell by 0.29 percent and reached the level of 23,266.55 points. Apart from this, Kospi index fell by 0.22 percent to the level of 2,593.91 points, SET Composite Index declined by 0.20 percent to the level of 1,467.40 points, Jakarta Composite Index slipped by 0.31 percent to the level of 7,763.57 points and Shanghai Composite Index fell by 0.51 percent. Taxes are trading at the level of 3,286.17 points.