India, July 30 -- The Fed's hawkish pause, Microsoft's upbeat quarterly results, the unabated Middle East hostilities, a retreat in crude oil prices and the slide in shares of Meta Platforms, all swayed global market sentiment.
The Federal Reserve, on Wednesday maintained the target range for the federal funds rate at 3.5 to 3.75 percent as expected. But three members of the FOMC voted for a hike, which added to worries about an imminent rate hike.
Wall Street Futures are trading in positive territory. Major benchmarks in Europe are also trading with gains. Earlier in the day, major Asian markets had finished trading on a mixed note.
Dollar Index has slipped further. Bond yields mostly hardened amidst a status quo by the Bank of Bank of ...