Wall Street is experiencing a quiet trading session on Monday, with major indices showing little movement by midday in New York, as traders maintain a cautious stance ahead of the highly anticipated inflation report and Fed meeting this Wed
Asian markets showed mixed results on Friday, with Japan's Nikkei 225 and Hong Kong's Hang Seng closing lower, while Australia's S&P/ASX 200, India's Nifty 50, and China's Shanghai Composite saw gains. In commodities, Crude Oil WTI and Natural Gas traded higher, despite a decline in Gold, Silver, and Copper.
The U.S. service sector sentiment expanded in May, reversing April's decline. The ISM reported strong growth in business activity and new orders. Employment is still a challenge. Stocks hold gains but bond yields rise.
Asian markets showed mixed results on Tuesday, with Japan's Nikkei 225 and China's indices closing lower, while Australia's S&P/ASX 200 and India's Nifty 50 saw gains. In commodities, Crude Oil WTI, Gold, Silver, and Copper traded higher, despite oil prices remaining near four-month lows.