Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world’s top two oil consumers, even as President Donald Trump said he expected to reach a trade deal.
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.
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