Weekly weakness in most Asian markets
There is a weakness in China and Hong Kong markets, while Japan’s stock market is moving slightly. According to Indian time, China’s Shanghai SE Composite at 8.40 am in the morning is more than 1% down. Hong Kong’s Hang Seng 1.44% has come down. Singapore’s Straits Times is showing a weakness of 0.40%. South Korea’s KOSPI is on a slight decline of 0.17%. However, Japan’s Nikkei 225 is still moving up 0.26%.
Earlier on Friday, the three major indices in the US stock market closed in red mark. Dow Jones Industrial Average (DJIA) slipped down 123 points or 0.50%. Nasdaq Composite dropped 0.47% and S & P 500 (S & P 500) csx 0.29%. However, it was good for the American stock market last week. During this week, Dow Jones gained 1.8% and Nasdaq composites gained 2.8%. US investors look at companies’ quarterly results Broadly, analysts estimate that these results will be good.
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