Friday night closing: Dow closed +869 pts., Nasdaq +366 pts., S&P +85 pts., Gift Nifty closed at 24700, signalling a big gap-up opening in Indian stock markets on Monday, subject to no negative developments over the weekend. Markets remain highly volatile as global commodities like gold, silver and crude and world equities are reacting sharply to statements and tweets from Donald Trump. As per market grapevine, his associates’ wealth has surged significantly since his second term, and currently global markets are reacting quickly to his comments, making technical charts less reliable in the short term.

