6 things that changed for the stock market overnight - Gift Nifty to falling US consumer confidence
Also Read: Day trading guide for today: Six buy or sell stocks for Wednesday —September 27 Here are key domestic and global markets cues for the Indian stock market today: Asian markets traded mixed on Wednesday following overnight losses on Wall Street amid concerns over a longer period of higher interest rates. Investors await China’s industrial data and Australia’s August inflation figures due today. Japan’s Nikkei 225 declined 0.71% and the Topix fell 0.63%.
South Korea’s Kospi lost 0.12%, while the Kosdaq was flat. Hong Kong’s Hang Seng index futures at 17,477, compared to the HSI’s close of 17,466.9. Australia’s S&P/ASX 200 dropped 0.21% Meanwhile, Gift Nifty was trading at 19,620 against Nifty futures’ previous close of 19,666, indicating a negative start for the Indian benchmark indices.
Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! US stock market indices ended sharply lower on Tuesday as 10-year Treasury yields jumped to their multi-year highs amid worries over a long period of high interest rates and the economic fallout. The Dow Jones Industrial Average declined 388.75 points, or 1.14%, to 33,618.13, while the S&P 500 plunged 63.77 points, or 1.47%, to 4,273.67 points. The Nasdaq Composite ended 206.02 points, or 1.55%, lower at 13,065.30.
Apple share price fell 2.3% and Microsoft shares declined 1.7%. Amazon share price tumbled 4% after the Federal Trade Commission and 17 state attorneys general filed an antitrust lawsuit against it. Cintas dropped 5.3%.
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