IndianMarketpulse-Global Markets

For the week, the S&P rose 1.62 percent while the Dow added 2.76 percent and the Nasdaq gained 1.21 percent while the FTSE 100 index closed 0.30 percent lower with the index ending the week half a percent lower.   The Nifty50 opened the week at 10,765.95 on Monday and closed at 10,767 on Friday. But it hit a low of 10,633.15 on 5 June and a high of 10,818 on  Thursday. For Friday, Nifty index opened negative but managed to hold on to its immediate support of 10,700 – 10,720 zones and recovered towards its crucial hurdle of 10,770-10,780 zones. For the week the Sensex was up 0.61 percent while the Nifty gained 0.67 percent. Sentiments in the Indian bond markets continued to remain weak as 10-year bond yield climbed above 8 per cent amid concern about quickening inflation and the government’s budget deficit. Midcap & Small Capitalisation stocks that were already under pressure in the last few weeks saw more weakness after market regulator placed some...

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent while Japan’s Nikkei rose 1.0 percent.   Asian shares edged up on Monday as strong US jobs data offset worries that tariff wars between the United States and the rest of the world could drag global economic growth lower. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent while Japan’s Nikkei rose 1.0 percent. On Wall Street on Friday, US tech shares soared, pushing up the Nasdaq Composite 1.51 percent to 7,554, near its record closing high of 7,588 marked in March. In contrast, S&P 500, which rose 1.08 percent on Friday, was still about 140 points off its record peak of 2,872 set in January as concerns about trade frictions curtailed many other shares, including industrials. Finance leaders of the closest U.S. allies vented anger over the Trump administration’s metal import tariffs on Saturday, setting up a heated fight at a G7 summit next week in Quebec. ...

For the week, the S&P rose 0.48 percent, the Dow lost 0.48 percent, and the Nasdaq gained 1.62 percent.   Wall Street stocks rose on Friday after the latest monthly jobs report pointed to strength in the US economy and geopolitical tensions eased. Technology stocks led the rally, with gains in heavyweight companies such as Apple , Microsoft and Alphabet lifting the S&P 500 tech index to a record high. Government data showed that in May the US economy added 2,23,000 non-farm jobs and average hourly wages increased 0.3 percent, both topping economist estimates. The unemployment rate fell to an 18-year low of 3.8 percent. Data on construction spending and industrial production also pointed to accelerating economic growth. Markets got a reprieve as Italy installed a coalition government, removing the risk of a repeat vote dominated by debate on whether the country would quit the euro. Further calming geopolitical concerns, US President Donald Trump announce...