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Asian Markets Trade Mixed, Wall Street Futures Higher; Flat Start On D-Street Today? | CNBC TV18

Asia-Pacific markets traded mixed today with investor sentiment supported by hopes for a breakthrough in the US-Iran peace talks. South Korea’s Kospi rose to a fresh high of 8,094.90 in early trade, while the small-cap Kosdaq added 2.12%. Japan’s Nikkei 225 slipped 0.18% amid some profit taking, while the Topix declined 0.36%. Hong Kong’s Hang Seng index futures were at 25,430, lower than the index’s last close of 25,606.03 on Friday.


Meanwhile, the GIFT Nifty is indicating a lower start, down 57 points or 0.24% to trade at 24,069.


The futures tied to the US equity benchmarks surged on Tuesday as oil prices slid and hope grew that a resolution to the US-Iran war was within reach. Dow Jones Industrial Average futures popped 441 points, or 0.9%. S&P 500 futures gained 0.9%, and Nasdaq-100 futures advanced 1.2%.

US stock markets were closed on Monday due to the Memorial Day holiday.
Here's the trade set-up for today.

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