look news india
Today, global signals are not in support. Mixed trading is emerging in Asia. GIFT NIFTY has also seen a decline of four percent. There is no significant movement in US futures. US markets closed flat on Friday due to pressure on Nvidia.
Global markets are giving neutral signals today. US markets were flat on Friday. Declining home sales were impacted by a slowdown in Nvidia. Home sales declined 0.7% in May (MoM) as prices hit record levels. Dow gained 1.5%, S&P500 0.61% in the past week. Nasdaq was flat. US 10-year bond yield stood at 4.26%. Brent crude is near $85. Final data on PCE, PMI, consumer sentiment, first quarter GDP is awaited this week. Data on unemployment benefit claims is also awaited.
