Published: May 31, 2024, 05:15 IST | Updated: May 31, 2024, 05:15 IST
World Business Watch May 31, 2024, 05:15 IST
Pricing glitch in world's biggest stock market for an hour
Let's look at how markets opened this morning. Asian stocks rose as US economic data boosted the case for the federal reserve to start cutting interest rates this year. However, that defies a general sell-off on wall street overnight. The world's biggest stock market was hit by a pricing glitch in a session that saw equities fall and bonds rise after economic data signaled a slowdown in momentum.