Stock Market Today: All You Need To Know Going Into Trade On March 22

Bonds were under pressure Tuesday after Chair Jerome Powell said that the US Federal Reserve is prepared to raised interest rates by half a percentage point at the next policy meeting.

US and European equity futures dipped, while Asian stocks pushed higher. Stocks rose in Australia, South Korea and Japan. US futures were volatile.

Singapore-traded SGX Nifty, an early barometer of India’s benchmark Nifty 50 index, rose 0.14% to 17,175.50 points as of 6:55 am.

Oil extended a rally, with Russia’s war in Ukraine nearing the one-month mark, while the bitcoin hovered around $41,100.

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