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Sensex Today: Markets in India opened on a strong note on Wednesday, amid strength in global markets
Sensex Today.
Sensex Today: Markets in India are likely to open on a strong note on Wednesday, amid strength in global markets after US President Donald Trump, amid tariff-related uncertainty, said that the final tariffs on China may not be as high as 145 per cent, but they won’t be 0 per cent. Further, Trump’s comments that he is not in favour of removing Federal Reserve Chairman Jerome Powell, also shored up sentiment.
Global Cues
Consequently, Wall Street indices climbed overnight, with the Dow Jones Industrial Average gaining 2.66 per cent to close at 39,186.98, the S&P 500 rising 2.51 per cent to settle at 5,287.76, and the Nasdaq Composite climbing 2.71 per cent to end at 16,300.42. Meanwhile, futures tied to Dow Jones was higher by 1.21 per cent, S&P 500 futures gained 1.56 per cent, and Nasdaq 100 futures added 1.75 per cent.
Markets in the Asia-Pacific region were also higher, with Japan’s Nikkei 225 adding 1.89 per cent, South Korea’s Kospi gaining 0.98 per cent, and Australia’s S&P/ASX 200 climbing 1.67 per cent.
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