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Weak global cues continue to weigh down on market sentiment

Tuesday’s was a divergent market action. The Dow fell more than 200 points, the S&P 500 slipped 0.3%, and the Nasdaq bucked the trend to be up 0.6%. Amazon and Zoom rose while stocks dependent on reopening declined. Dow futures traded 118 points lower, or 0.4%. S&P 500 slid 0.5%, Nasdaq 100 futures dipped 0.4%
Stocks in Asia-Pacific slipped on Wednesday morning. The Nikkei shed 0.53%, The Topix declined 0.74%. The Kospi traded 0.39% lower, and the S&P/ASX 200 dipped fractionally
The Stoxx 600 closed 0.8% lower, Oil and gas stocks shed more than 2%. Tech shares continued to decline after their 7.4% plunge on Monday
Brent gained 58 cents to settle at $41.03 per barrel, WTI gained $1.01 to settle at $39.57 per barrel. Both contracts fell more than 3% on Monday
Spot gold was up 0.4% at $1,909.58 per ounce. US gold futures settled up 0.3% to $1,911.90 Read from source….