This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPED690JL_M.jpg
Investing.com — The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50, traded 0.14% or 23.5 points higher at 8:30 am on Tuesday, indicating a flat-to-positive opening on Dalal Street.
Further, the Dow Jones Futures climbed 0.15% and Nasdaq 100 Futures advanced 0.19%.
Major US indices ended lower as the final week of June began, after struggling for the direction the whole day in Monday’s session, while tech heavyweights including Tesla (NASDAQ:TSLA), Meta (NASDAQ:META) Platforms and Alphabet (NASDAQ:GOOGL) Inc (NASDAQ:GOOG) fell sharply up to 6% during the day.
Further, the geopolitical tumult in Russia raised uncertainty among investors ahead of the release of key inflation data later this week.
Nasdaq Composite tanked 1.16%, Dow Jones dipped 0.04% and S&P 500 declined 0.45% on Monday.
Asian shares traded mixed on Tuesday following a tech rout on Wall Street in the overnight session as investors awaited updates on the outlook of interest rate hikes going ahead, along with clouds of uncertainty looming around China’s slow economic recovery as well as geopolitical developments post an aborted mutiny in Russia.
At 8:34 am, Japan’s Nikkei 225 fell 0.77%, South Korea’s KOSPI dropped 0.3%, Hong Kong’s Hang Seng index jumped 1.4%, China’s Shanghai Composite surged 0.63% and Australia’s ASX 200 rose 0.63%.
Oil prices gained on Tuesday for the second day in a row following unstable political developments in Russia and concerns about global demand.
Brent crude rose 0.5% to $74.71/barrel and WTI Futures traded at $69.75 a barrel. Natural Gas Futures advanced 0.52%.
