World Markets Today: Negative Start on US worries

6 September 2017 (8:18 AM IST)

5 September 2017 (10:48 PM EDT)

U.S. markets fell with big numbers yesterday on various internal issues. Dow Jones lost more than -200 points and ended below its major support of 21,800. The index is still within its monthly range and has major range support near 21,350.

Despite of such a big fall, U.S. stock futures are not showing any bounce back in this session and have turned mildly negative again. European stock futures are also below the red line.

As a result, Asia markets have started with negative number; SGX Nifty is showing deep losses, indicating a low opening for India markets later today.

Expect global stock markets to remain choppy, subdued and trade within their broader range. Any index trading below previous low will probably see more losses. U.S. stock futures may dominate the global trend.

Good luck, enjoy the session!

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