INSUBCONTINENT EXCLUSIVE:
Domestic stock markets are set to open higher on Wednesday as indicated by the Nifty futures traded on Singapore Exchange
Washington's threat of tariffs on additional European goods
MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, while Japan's Nikkei was down 0.4 per cent in early
growth and export targets, a day after weaker factory readings worldwide.Overnight in the US, stocks managed modest gains after holding near
the unchanged mark for much of the session, with the S-P 500 rising 0.29 per cent to a record close, with dividend-oriented utilities and
real estate stocks leading the upmove.Still, a rally in global stocks following the US-China summit at weekend is rapidly losing steam
While the threat of new US tariffs has been postponed for now, existing tariffs that have disrupted global supply chains are unlikely to be
lifted any time soon.The United States and China agreed on Saturday to restart trade talks after US President Donald Trump offered
concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.The S-P
companies' shares will be in focus after the release of their monthly sales reports.(With inputs from Reuters)Get Breaking news, live
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