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INDIA
Asian, European shares mixed after US stocks retreat from record high
Asian and European shares traded mixed on Monday after US stocks retreated from their all-time high following weaker economic data. Investors also monitored oil prices, US interest rate policy, corporate earnings and uncertainty over oil supplies through the Strait of Hormuz
GlobeSignal-AIlow certainty
- Why it matters
- Investors are reassessing expectations around US economic growth and interest rate policy, which drive portfolio positioning globally.
- Most affected
- Equity investors globally — Portfolio values shift with reassessment of growth and rate expectations.
- Likely next
- Whether US stocks establish a new direction or stabilise near current levels in coming sessions.
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