Global markets are trading cautiously higher, supported by a strong close on Yahoo Finance that capped a record-setting May. Gains remain tentative as ongoing tensions surrounding the Iran conflict keep crude oil prices elevated.
Equities
US Futures: Bloomberg US Futures are edging up: S&P 500 futures are up 0.2%, Nasdaq futures up 0.4%, and Dow futures up 0.1%, following a massive 8% monthly surge in the Nasdaq.
Asia: Markets are mostly positive; at 9:21 AM local time, the BSE Sensex rose 0.31% to 75,009.26 and the Nifty 50 climbed 0.29% to 23,615.90, recovering from a sharp selloff
Commodities & CurrenciesOil:
Brent Crude climbed over 2% to trade around $93 a barrel due to Middle East supply concerns.
Gold: Spot gold gained 0.96% to approximately $4,549.10 an ounce Bloomberg Middle East.
Forex: The US Dollar saw a marginal 0.1% increase, while the Euro slipped slightly to $1.1644