From Investing.com: 2024-06-04 05:06:03

Global shares dipped as concerns grew over the U.S. economic outlook. The dollar hit multi-month lows against the euro and pound. In India, markets slumped amidst lower-than-expected election results for Prime Minister Modi. U.S. government bond yields decreased due to fears of an economic slowdown prompting rate cuts. The global MSCI index dropped by 0.2%, with European stocks falling by 0.5%. U.S. stock futures were down by 0.2%. Indian markets saw volatility due to the election outcome. This week, data on job openings and non-farm payrolls will be closely watched. Treasury yields fell after weak manufacturing data. The dollar weakened against the yen and euro. Oil prices also dropped due to OPEC+ easing production cuts.



Read more at Investing.com: Stocks, dollar sag as data points to flagging US economy By Reuters