India, Jan. 28 -- World markets recovered after a massive plunge on Monday triggered by concerns about tech majors' AI spending plans that followed the unveiling of Chinese AI startup DeepSeek's low-cost AI model. Positive earnings scorecards from the corporate sector also boosted sentiment.
Wall Street Futures are trading in mildly positive territory ahead of big tech earnings and FOMC decision on Wednesday. European benchmarks are also trading with gains. However, mostly negative sentiment prevailed in the Asian markets. The recent turmoil in world financial markets and a resultant safe-haven demand caused the Dollar and the Dollar Index to record strong gains. Bond yields mostly hardened. Crude oil prices rebounded after heavy losses in...