Global market: SGX Nifty to Wall Street’s new bull market key triggers for the Indian stock market

News Snapshot:

Asian markets traded higher on Friday following overnight gains in US stocks with the S&P 500 entering into a bull market. Japan’s equity market snapped a two-day fall while Australian shares also turned positive after a three days’ fall. Investors will now focus on the US Federal Reserve Bank’s policy meeting on June 13 after the US jobless claims jumped to the highest since October 2021, suggesting the labor market is starting to cool. In Asia, China’s Consumer price index in May increased 0.2% as compared to a year ago. The country's CPI in April was at a two-year low...