Before Market Opens: 9 things to know at 9 am on June 30, 2022

The S&P 500 ended a seesaw session slightly down on Wednesday as investors staggered towards the finish line of a downbeat month, a dismal quarter, and the worst first-half for Wall Street's benchmark index since US President Richard Nixon's first term. The Dow Jones Industrial Average rose 82.32 points, or 0.27%, to 31,029.31, the S&P 500 lost 2.72 points, or 0.07%, to 3,818.83 and the Nasdaq Composite dropped 3.65 points, or 0.03%, to 11,177.89.

Shares in the Asia Pacific fell at the market open on Thursday as investors await data from China. The Nikkei 225 in Japan dropped 0.72% in early trade, while the Topix slipped 0.76%. In Australia, the S&P/ASX 200 fell 0.33%. South Korea’s Kospi declined 0.76%, while the Kosdaq was 0.19% lower. MSCI’s broadest index of Asia-Pacific shares was down 0.22%

Indian indices ended lower on Wednesday, snapping its four-day winning run due to profit booking in IT, FMCG and banking shares following weak global trends and persistent foreign capital outflows. The 30-share BSE Sensex settled 150.48 points or 0.28 percent lower at 53,026.97 while the broader NSE Nifty declined by 51.10 points or 0.32 percent to 15,799.

At 8:20 am, the SGX Nifty was trading 43 points or 0.28 percent higher at 15,821 indicating a positive opening for the Indian markets.

Oil prices were little changed on Thursday as markets weighed a rise in US gasoline and distillate inventories and worries about slower economic growth amid concerns of supply tightness. Brent crude futures for August dropped 25 cents, or 0.2%, to $116.01 a barrel in light trading as the August contract is set to expire on Thursday. The more-active September contract was at $112.18, down 27 cents, or 0.2%.

US Treasury yields eased for a second consecutive day and the dollar rose on Wednesday after Federal Reserve Chairman Jerome Powell said there is a risk the US central bank's interest rate hikes will slow the economy too much, but the bigger risk is persistent inflation.

Falling for the fourth session in a row, the rupee slid by 18 paise to close at a record low of 79.03 against the US dollar on Wednesday, weighed down by a rise in crude oil prices, a strong dollar overseas and persistent foreign capital outflows.

Spot gold rose by 0.20 percent at $1,821.20 per ounce, as of 7:30 am on Thursday

Foreign institutional investors (FIIs) net sold ₹851.06 crore worth of shares whereas domestic institutional investors (DIIs) remained net buyers to the tune of ₹847.46 crore worth of shares on June 29, as per provisional data available on the NSE.