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All You Need To Know Going Into Trade On May 4 – BloombergQuint

Asian stocks were mixed and U.S. equity futures retreated Tuesday in the wake of a dip in technology giants on Wall Street.

South Korean shares slid while Australia rose modestly. Trading will be limited with Japan and China among markets closed for holidays.

The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, was little changed at 14,676 as of 7 a.m.

Commodities held an advance after silver led gains in precious metals as the prospect of near-zero rates for longer boosted demand. Oil was steady after climbing over 1%. Data Monday showed growth among U.S. manufacturers cooled in April, while a gauge of prices paid for materials jumped to the highest since 2008.