Indian Markets are expected to open in green tracking SGX Nifty Global Markets.
U.S. stocks closed higher Wednesday with materials and industrial stocks leading
as the Dow and SP neared their 52week intraday highs touched last summer. Dow
Jones industrial average closed above the psychological mark of 18000 level for
the first time since April 27. United Health contributed the most to gains. Both
indexes posted their thirdstraight day of gains.
U.K. stocks advanced for a fourth session Wednesday aided by gains for miners and
supermarkets while rising oil prices lifted energy shares. FTSE 100 closed up 0.3%
at 6301.5 having darted between small gains and losses throughout the session.
Shares of energy majors were higher as Brent crude prices trading in London was
above 52 a barrel. BP PLC climbed 0.9% and Royal Dutch Shell PLC bounced
2.5% higher. Mining shares pushed higher Wednesday after data showed declines
in Chinese imports and exports in May weren’t as st
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