14 January 2020, (9:01 am IST)
13 January 2020, (10:31 pm EST)
US stock markets had another positive closing in their overnight session, with Nasdaq and S&P 500 hitting another all-time high milestone. However, in the Asia session, US and European stock futures have turned negative, which can put pressure on global stocks and turn the session volatile.
At the time of writing, almost all major Asian stock markets are trading positive. SGX Nifty is flat and US and European futures have turned marginally negative.
As we know, the trend in US stock futures could dominate world stock markets. So, day traders should follow the local trend but stay cautious about global volatility in stocks.