Asian Markets Gain Mirroring Cues From Wall Street; D-Street To Open Flat? | CNBC TV18

Описание: Asian stocks edged up and US equity-index futures erased losses Friday after China said it’s evaluating possible trade talks with the US.

The MSCI Asia Pacific Index gained 0.1% after China’s Ministry of Commerce said it’s evaluating negotiations. Japanese shares gained 1.1% on positive comments from Japan’s chief trade negotiator. Futures contracts for the S&P 500 reversed earlier losses to gain 0.2%.

Meanwhile, Gift Nifty was trading around 24,425 level, a premium of nearly 7 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.

Microsoft and Meta Platforms led Wall Street higher Thursday after the Big Tech companies reported profits for the start of the year that were even bigger than analysts expected.

The S&P 500 rose 0.6% for an eighth straight gain, its longest winning streak since August. The Dow Jones Industrial Average added 83 points, or 0.2%, and the Nasdaq composite climbed 1.5%.

Here's the trade set-up for today.

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