India, April 25 -- Disappointing earning updates and guidance from the corporate sector especially from Meta Platforms dampened market sentiment. Weakness in the technology sector spilled over to the broader markets.
In economic data, markets expect the first quarter GDP reading from the U.S., due on Thursday to record 2.5 percent, versus 3.4 percent in the previous quarter. The GDP update, as well as the Fed's preferred PCE-based inflation readings due on Friday are seen shaping market expectations about the Fed's interest rate trajectory.
Wall Street Futures are trading lower. European benchmarks also declined. Asian shares finished mostly higher ahead of Bank of Japan's interest rate decision due late on Thursday.
Dollar Index decline...