India, April 30 -- Concerns about economic growth in the U.S. rattled global market sentiment amidst disappointing economic data releases. Markets reacted to the unexpected contraction in the American economy in the first quarter, a larger-than-expected decline in job openings in March and a sharply lower addition to payrolls by private businesses in April.
Wall Street Futures are trading with losses ahead of the PCE-based inflation update from the U.S. European benchmarks are also trading in the red. Asian bourses however finished trading on a mostly positive note.
The six-currency Dollar Index strengthened. Bond yields are moving in a mixed pattern. Crude oil prices declined amidst weak manufacturing data from China. Gold extended losse...