Stock Market Live: SGX Nifty flat, Dow closed up by 322 points, how will the domestic market move

Stock Market Update Today: Global cues are seen mixed for the domestic stock market. There is a mixed reaction in the major Asian markets in today’s trade. On the other hand, buying was seen in the US markets on Friday. However, in the first half of the year, the performance of the S&P 500 was the weakest in 10 years. On Wednesday, Dow Jones gained 322 points and closed at the level of 31,097.26. The S&P 500 index gained 1.1 percent and closed at 3,825.33. While the Nasdaq closed at 11,127.85, up 0.9 percent. However, on a weekly basis, the three indices Dow, S&P 500 and Nasdaq weakened by 1.3 per cent, 2.2 per cent and 4.1 per cent.

There has been a softening in the prices of crude. Brent crude is at $111 a barrel. While US crude is trading at $ 108 per barrel. The 10-year bond yield in the US is at 2.889 per cent. Talking about the Asian markets, there is a slight weakness of 0.03 percent in SGX Nifty. The Nikkei 225 is up 0.68 percent and the Straight Times is up 0.53 percent. Hang Seng is down 0.64 per cent. Taiwan Weighted is down 0.37 per cent and Kospi is down 0.24 per cent. While the Shanghai Composite is showing a decline of 0.39 percent.

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