1. Wall Street: US stock indexes closed lower Tuesday as another swell higher for Treasury yields added pressure on big technology stocks. The spotlight was again on the bond market, where the yield on the 10-year Treasury perked higher after a report showed consumers are even more confident than economists expected. The S&P 500 and DJIA fell 0.3 percent each. The Nasdaq fell 0.1 percent to 13,045.39.
2.. Asian equities: Shares in Asia-Pacific traded mixed on Wednesday as investors waited for the release of Chinese economic data. In Japan, the Nikkei 225 shed 0.63 percent in morning trade South Korea’s Kospi, on the other hand, rose 0.56 percent. Shares in Australia were higher as the S&P/ASX 200 gained 1.73 percent. MSCI’s broadest index of Asia-Pacific shares traded 0.51 percent higher.
6. Gold: Gold dipped by Rs 138 to Rs 44,113 per 10 gram in the national capital on Tuesday amid a decline in global precious metal prices, according to HDFC Securities. In global markets, gold prices slipped nearly 2 percent on Tuesday as a firmer dollar, higher Treasury yields and hopes for a faster US economic recovery dampened demand for safe-haven bullion.
News Source: CNBC TV 18