Stock Market News Live: Global Check
Investors treaded cautiously in the markets, awaiting crucial US economic data that could provide insight into the future direction of interest rates. As a result, stocks edged lower, with the MSCI Asia Pacific Index declining 0.6%. The dollar lingered near two-month lows, while the yen gained strength. Japanese shares also fell, dropping nearly 1%.
Japan’s Topix fell 0.8% while Hong Kong’s Hang Seng fell 0.3%. The Japanese yen was little changed at 155.08 per dollar while the offshore yuan was little changed at 7.0434 per dollar, reports Bloomberg.
The last full trading week of 2025 started with stocks, bonds and the dollar wavering as Wall Street geared up for key economic data that will help shape the Federal Reserve rate outlook.
On the eve of the jobs report, the S&P 500 closed mildly lower. A renewed tech slide saw Broadcom Inc. posting its worst three-day plunge since 2020. Oracle Corp. extended its multi-session selloff to about 17%. The S&P 500 closed below 6,820. The yield on 10-year Treasuries was little changed at 4.18%, reports Bloomberg.
Dollar Check
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The US Dollar index is down 0.04% at 98.91.
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Euro was down 0.01% at 1.1754.
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Pound was down 0.04% at 1.3368.
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Yen was down 0.25% at 154.85.
Stock Market Live: GIFT Nifty Indicates Lower Open
Good morning readers.
The GIFT Nifty was trading above 26,000 early on Tuesday. The futures contract based on the benchmark Nifty 50 fell 0.23% at 26,030 as of 7:18 a.m. indicating a lower start for the Indian markets.
In the previous session on Friday, the benchmark equity snapped their two-day winning streak. The NSE Nifty 50 ended 19.65 points or 0.08% lower at 26,027.30, while the BSE Sensex closed 54.30 points or 0.06% higher at 85,213.36.
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