India, June 3 -- Renewed uncertainty surrounding the fate of the negotiations between the U.S and Iran engulfed global markets on Wednesday. Losses were limited by the prospects of an AI-driven tech rally.
Wall Street Futures are trading in mildly negative territory amidst the interplay of geopolitical tensions and optimism surrounding the AI economy. Benchmarks in Europe are trading in the red as trade tariff jitters added to the fears of an energy price shock. Earlier in the day, Asian markets had finished trading on a mixed note.
Dollar Index strengthened amidst safe haven bidding for the greenback. Amidst renewed geopolitical tensions in the Middle East and a spike in crude oil prices, bond yields hardened across regions and tenors.
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