India, June 4 -- Global markets reacted to the geopolitical developments related to the Middle East war including the Republican-led House of Representatives voting to halt the U.S. military action against Iran. Renewed concerns about the AI economy also swayed market sentiment in the aftermath of a disappointing AI chip forecast from semiconductor giant Broadcom.
Wall Street Futures are directionless amidst fresh concerns about the AI economy and the sustainability of valuations attributed to the AI hype. Benchmarks in Europe are trading on a mostly positive note. Earlier in the day, Asian markets had finished trading on a heavily negative note.
Dollar Index declined as the U.S. dollar retreated amidst reports of a conditional ceasefire ...