From Nasdaq: 2025-01-07 19:03:26

The Singapore stock market has risen over 1% in four straight sessions, with the Straits Times Index hovering just below 3,830 points. However, global markets are facing negative forecasts due to concerns over interest rates, with European and U.S. markets down. The STI closed slightly higher on Tuesday, with gains in financial shares but weakness in other sectors. Major averages in the U.S. finished deep in the red on Tuesday, with treasury yields surging to an eight-month high. Positive U.S. economic data led to concerns about inflation and interest rates. Oil prices rose due to supply concerns from China and Russia.



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