US Treasury yields remained high, while US stocks were trading near the flatline, giving investors some relief. However, a drop in consumer confidence and a fall in US job openings to a five-month low in August have made investors more cautious about the health of the US economy and the Federal Reserve’s next interest-rate move.Investors will now watch several key US economic data points due on Wednesday, including the Core Personal Consumption Expenditures (PCE) Price Index, final second-quarter Gross Domestic Product (GDP) growth, and Personal Income and Spending data. These figures could give markets a clearer picture of inflation and economic growth and set the tone for global markets, including India.Back home, India’s services sector continued to grow in July, with 17 of 19 sub-sectors reporting year-on-year growth.
