US equity-index futures slipped 0.2% after the S&P 500 Index trimmed most of an advance that earlier approached 1%. Contracts for Australia, Japan and Hong Kong pointed to a loss. The dollar was steady in early trading Friday after a gauge of the currency’s strength weakened 0.4%.
Crude at $120 poses multi-channel risk, but demand still resilient: Aurodeep Nandi
Rising Brent crude prices and a weakening rupee are raising concerns for India’s economy. Policy interventions, including controlled fuel prices and tax reductions, are currently