Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty drops over 100 points

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08:00:08 IST

S&P 500 tumbles 2%, Nasdaq Composite 3% after hawkish Fed minutes

On Wednesday, the S&P 500 tanked 1.9 percent, the Dow Jones 1.1 percent and the technology stocks-heavy Nasdaq Composite 3.3 percent.

Minutes of the Federal Reserve meeting signaled the US central bank may have to raise interest rates sooner than expected.

S&P 500 futures were up 0.1 percent in Asia early on Thursday. 

07:57:00 IST

Asian shares fall tracking Wall Street after Fed minutes signal sooner-than-expected rate hikes

Equities in other Asian markets fell tracking deep losses on Wall Street overnight, after minutes of the latest Fed meeting indicated Fed officials were ready to hike interest rates sooner than expected.

MSCI’s broadest index of Asia Pacific shares outside Japan was down 0.2 percent.

Japan’s Nikkei 225 tumbled 1.9 percent and China’s Shanghai Composite fell 0.4 percent. Hong Kong’s Hang Seng was flat.

South Korea’s KOSPI was down 0.2 percent. Singapore’s Straits Times was up 0.3 percent. 

07:36:42 IST

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