Global Markets Today: Kanspi, Australia's S&P 200 Trade mixed on US-China talks in Spain

World Markets Today: Asian markets started on a mixed note this week, as investors monitored US China discussions in Spain and waited for the most important economic data of Beijing. On Sunday in Madrid, US and Chinese officials began talks on national security, trade and economic issues, including the threatening deadline for tiktok’s coverage and US rates. Australia’s S&P/ASX 200 dropped 0.75 percent to the open, while the KOSPI of South Korea suffered 0.67 percent to achieve a record 3,420,23, the 10th consecutive day of profits. The Kosdaq also rose 0.4 percent. In Hong Kong, the Hang Seng index is set to a slightly weaker open, with futures at 26.380 compared to the previous closure of 26.388.16. Markets in Japan and Malaysia have closed for a holiday. US stock market today US equity terms that are largely steady in the early Asian trading, as investors were waiting for this week’s Federal Reserve, hoping for an interest rate cut when it ends Wednesday. The Nasdaq composition hit a new record high in the US on Friday, which was its second straight week of profits with a 2 percent increase. The S&P 500 has progressed 1.6 percent for the week, its strongest performance since early August, while the Dow climbed 1 percent and broke a three -week loss line. The rally was fueled by recent economic data indicating a cool labor market and muted inflation, which strengthened the expectations of a Fed Rate cut. Investors carefully look at the Fed’s meeting scheduled for Tuesday and Wednesday, with traders having a cut of 25 basis point, following recent data indicating that persistent softness in rent and reduced inflationary pressure. (With input from agencies) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.