Amidst fluctuations in global stock markets, there is a mixed trend in Indian and international markets. Gift Nifty is trading with a gain of around 70 points, while the US markets recorded a strong rise. After a week’s holiday, the Chinese markets have also opened today, due to which there is a stir in the global trading session.
Great boom in US stock market
On Tuesday, there was a tremendous jump in the US stock markets. This was due to 1 month of relief in 25% taxes levied by President Donald Trump on Canada and Mexico. This increased trust in investors and the markets showed strength.
The condition of American markets
| Market index | Edge (in points) | New level | Edge (%) |
|---|---|---|---|
| Dove jones industrial averages | +134.13 | 44,556.04 | 0.30% |
| S&P 500 | +43.31 | 6,037.88 | 0.72% |
| Nasdac composite | +262.06 | 19,654.02 | 1.35% |
This rapidly indicates that the trust of American investors still remains intact.
The condition of China markets: How will the market mood after holiday?
The Chinese markets have opened again from today. OCBC says the market will react to America’s tariff decisions.
- Negotiations between US-China are expected.
- The Parnasus Investments believe that the effect of the tariff may be less than the estimate.
- Invesco said that short -term decline in the market is possible, but it will be beneficial for the market for long periods.
Alphabet (Google) quarterly results: weak performance, stock falls 9%
Google’s parent company Alphabet introduced weak results from the fourth quarter (Q4), leading to a huge decline in shares.
- The company’s shares recorded a decline of 9%.
- The total income in Q4 was $ 96.47 billion.
- The company plans to invest $ 75 billion in 2025.
- Income from Google Cloud was $ 11.96 billion.
- The Chinese government has started an investigation against the company, which has increased the concern of investors.
Weak results and reports of investigation in China put pressure on Alphabet’s stock.
Increase in American bond yield
American Treasury Yields saw an edge.
| Bond type | Basic Point | New level (%) |
|---|---|---|
| 10-Eyer Treasury Yield | +18 | 4.51% |
| 2-Eyer Treasury Yield | +15 | 4.22% |
The increase in bond yield means that investors are now expecting higher interest rates, which can affect the equity market.
Asian markets condition: mixed business
Today there was a mixed trend in Asian markets. Some markets increased, and some declined.
| Market | level | shift (%) |
|---|---|---|
| Gift nifty | +54.00 | +0.30% |
| Nikkei (Japan) | 38,759.73 | -0.04% |
| Straight time (Singapore) | -0.16% | |
| Taiwan index | 23,162.21 | +1.81% |
| Hangseng (Hong Kong) | 20,660.23 | -0.62% |
| Kospy (south korea) | +1.23% | |
| Shanghai Composite (China) | 3,238.85 | -0.36% |
Taiwan, Kospi and Gift Nifty showed an increase, while the markets in China, Japan and Hong Kong were slightly declined.
