India, July 7 -- Renewed volatility in the tech sector amidst worries about the hype surrounding artificial intelligence weighed on global market sentiment. The tech-heavy Nasdaq Composite is trading on a negative note. Market spotlight is also on the tensions from the Strait of Hormuz as well as the developments surrounding the NATO summit in Turkey.
Wall Street Futures are directionless ahead of release of the minutes of the recent FOMC, due to be released on Wednesday afternoon. Major benchmarks in Europe are trading on a mixed note. Earlier in the day, Asian markets had finished trading on a negative note.
Dollar Index has edged up. Bond yields have hardened across regions. According to the CME FedWatch tool that tracks the expectatio...