From Nasdaq: 2025-05-04 22:33:00

Indian shares are expected to open higher as U.S. jobs data beat expectations. Energy stocks may see focus as OPEC+ plans to increase oil output. Trump’s trade signals and foreign fund flows could impact sentiment. Gold prices rose nearly 1 percent as the U.S. dollar struggled. U.S. stocks surged on positive job market data, with the S&P 500 marking its longest winning streak in over twenty years. European stocks closed higher on easing U.S.-China trade concerns. Asian markets were muted due to holidays in South Korea, Japan, China, and Hong Kong.

Trump hints at trade deals and lowering tariffs on China. Reports suggest a 100 percent tariff on overseas films. The Federal Open Market Committee meeting is scheduled for May 7. U.S. non-farm payroll employment increased by 177,000 jobs in April. Unemployment rate remains at 4.2 percent. European markets, including STOXX 600, DAX, CAC 40, and FTSE 100, closed higher on Friday.



Read more at Nasdaq: Sensex, Nifty Seen Higher At Open As Oil Prices Tumble After OPEC+ Plan