By Malvika Gurung
Investing.com -- The Nifty 50 Futures listed on the Singapore-based Exchange SGX, an early indicator for Nifty50 , traded 0.2% or 36 points higher at 8:35 am on Friday, indicating a marginally higher opening on Dalal Street.
Major US indices ended strong on Thursday, following a phenomenal quarterly performance of the March-ended quarter for Walmart (NYSE: WMT ) Inc, along with the company hiking its full-year sales forecasts, indicating robust consumer spending.
Further, the initial jobless claims dipped lower-than-estimated last week, while investors closely awaited debt ceiling negotiations in Washington.
Asian shares traded mixed on Friday, with Japan’s Nikkei 225 index hovering at a nearly 33-year high in the session, while Hong Kong stocks extended weakness in the morning Asian trade on concerns of a stumbling economic recovery.
Oil prices gained on Friday after creeping lower in early trade amid pressure from a stronger dollar, which hit a seven-year peak in the previous session.
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