© Reuters.
Investing.com — The listed on the Singapore-based Exchange SGX, an early indicator for , traded 0.34% or 64.5 points lower at 23:21 ET (03:21 GMT) on Tuesday, indicating a negative opening on Dalal Street.
Further, the declined 0.37% and dropped 0.22%.
The US market remained closed on Monday on account of the Juneteenth holiday. However, stock futures declined as investors awaited key speeches from Fed officials and FOMC members lined up in the holiday-curtailed week, especially Fed Chair on the economic outlook and recent monetary policy actions scheduled on June 21, 2023.
fell 0.68%, dropped 0.32%, and declined 0.37% in the previous session, while jumping 3.2%, 1.2%, and 2.6%, respectively, last week.
Asian shares traded mostly lower on Tuesday after the People’s Bank of China cut two benchmark lending rates during the day, but investors remained concerned that the rate cuts were not enough to boost confidence in Asia’s largest economy, and looked forward to a wider stimulus package.
At 23:24 ET, Japan’s declined 0.6%, South Korea’s lost 0.32%, Hong Kong’s tanked 1.5%, China’s dropped 0.23%, and Australia’s surged 1%.
Oil prices dipped on Tuesday as investors weighed another interest rate cut in China against increasing pessimism over its economic prospects this year, an Investing.com report noted.
crude traded at $76.01/barrel and retreated 0.45% to $71.19 a barrel. fell 0.8%.
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