U.S. equity futures and Asian equities rose on Thursday amid concerns over surging inflation.
Equities were modestly in the green in Japan, South Korea and Australia. U.S. futures advanced after positive earnings from Tesla Inc. and United Airlines Holdings Inc. The Nasdaq 100 tumbled as Netflix Inc. weighed on streaming and media companies post its earnings.
The Singapore-traded SGX Nifty, an early barometer of India’s benchmark Nifty 50, rose 0.42% to 17,218.50 points as of 6:30 a.m.
Nymex crude rose to more than $102 per barrel. Elsewhere, bitcoin hovered around the $41,500 mark.