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Home Stock Market

Mixed signals from global markets, SGX NIFTY, Meta and Spotify shares fell 20% at the red mark

by Chandan Sen
February 3, 2022
in Stock Market
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Nasdaq futures have been lost due to poor meta results. Shares of Meta and Spotify fell 20%.

There are mixed signals from the world market. In Asia, NIKKE traded down half a percent and SGX NIFTY traded down about a quarter. On the other hand, the Dow closed as strong as the fourth day in a row in the US yesterday. The NASDAQ FUTURES dropped 350 points due to poor results from the S&P 500 and Nasdaq, META.

We tell you that Nasdaq futures have been lost due to poor performance of Meta. Shares of Meta and Spotify fell 20%. For the fourth day in a row, the Dow, S&P and Nasdaq are rising. OPEC + countries have decided to increase crude production.

It has been decided to increase crude production to 4L bpd from March. Crude production is still lower than pre-production estimates. Meanwhile, the price of crude oil has reached close to ড 90. The Ukraine crisis has deepened. The Pentagon has decided to send 3,000 more troops to Europe.

Meanwhile, the Asian market is seeing mixed transactions today. SGX NIFTY is showing a fall of 16.50 points. At the same time, the Nikkei is down 1.11 percent near 27,227.94. At the same time, the Straits Times is showing an increase of 2.25 percent. Hang Seng rose 0.87 percent to 25,612.96. At the same time, Kospi is trading up 1.99 percent.

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