Power Breakfast: Mixed Signals From Global Market, Dow Closed After Recovering 560 Points, SGX Nifty Gained Marginally

During Tuesday's trading session, mixed signals have been seen from the global markets. Talking about the US markets, mixed closings have been seen here. Dow Jones closed up 50 points in the range of 650 points. On the other hand, a recovery of 560 points was seen from the lower levels in Dow Jones. On the other hand, Nasdaq has seen a huge decline of 2.4%. Snap's stock is down 43% on weak guidance. Due to Snape, there was a big sell-off in the rest of the social media shares. Meta slipped 7% then Twitter closed down 5%. Apart from this, the markets of Europe also saw a decline and they have slipped 0.5-1.5%. On the other hand, if we talk about the Asian market, then there is light buying and SGX Nifty is gaining more than 50 points and this index is trading with green mark.