World Stock Markets Today: Volatile, Finding Support Near Weekly Low

16 August 2019 (9:10 am IST)

15 August 2019 (11:34 pm EDT)

US stock markets clung to their lowest levels of the previous week and found support to close with mixed but healthy numbers.

In the Asia session, US and European stock future are trading with big gains, indicating that the support is getting stronger for these bigger markets.

This support has boosted major Asian stock markets too that are trading mixed, with slightly positive or negative numbers.

Indian stock markets are showing positive but feeble gains in their pre-open numbers, indicating a rangebound trend in these markets.

Expect world stock markets to trade with choppiness but stay above their weekly support. Now that China and the US have toned down their verbal spat, we can expect some support in global stock markets.

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