India, May 16 -- Market mood was bolstered by expectations of a lower likelihood of a recession in the U.S. Easing trade tensions also supported sentiment.
Wall Street Futures are trading slightly above the flatline. Major markets in Europe are trading in the green. Asian markets finished trading on a mixed note. The six-currency Dollar Index is trading just below the flatline. Bond yields mostly declined. Crude oil prices gained amidst waning fears of a recession in the U.S. and an easing in the global trade tensions. Gold continued the whipsawing trend with a massive decline. Cryptocurrencies mostly gained. Here is a snapshot of the major world markets at this hour.
Stock Indexes:
DJIA (US30) at 42,435.00, up 0.27% S&P 500 (US500) at 5...