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3️⃣ things that will decide the Market today 📈
1) SGX NIFTY signals a positive start for the Indian Stock Market
- Nifty futures on Singapore Exchange traded 35 points higher at 18,160 signalling that the Indian Stock Market is headed for a positive start
2) US Stock Market gets the best day since Jan 6th
- US stock markets surged on Friday, with the Dow Jones posting its biggest one-day percentage gain since January 6, as shares of Apple surged more than 4% after upbeat results and US jobs data pointed to a resilient labor market.
3) Oil prices climb on optimistic sentiment
- Oil prices rose slightly in early Asian trade on Monday as fears of a recession in the U.S., which drove prices down for three straight weeks for the first time since November, began to recede.
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3️⃣ things that will decide the Market today 📈
1) SGX NIFTY signals a negative start for the Indian Stock Market
- Nifty futures on the Singapore Exchange traded 43 points lower at 18,243.50, signalling that the Indian Stock Market is headed for a negative start.
2) US Stock Market closes in red for 4th-straight session
- Benchmark US indices declined Thursday, as contagion fears in the regional bank space were reignited. The Dow Jones Industrial Average fell 0.86%, while tech-led Nasdaq Composite shed 0.49%, This was the fourth consecutive day of declines for the major indexes. The Dow turned negative for the year on Thursday, pulling back 0.06% year to date. Declines in Boeing, Disney, Goldman Sachs and American Express shares dragged on the index.
3) Oil prices in the view
- Oil prices rose slightly in Asian morning trade on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand.
