U.S. markets retreated after a week of postelection enthusiasm, with the S&P 500 down 0.29% and the Dow Jones Industrial Average falling 0.86%. Asian markets followed suit, led by a 2% drop in South Korea’s Kospi. Oil prices are predicted to fall to $30-$40 a barrel if OPEC+ unwinds output cuts, while Swiggy's shares surged 15% on its trading debut in India. Bitcoin briefly reached $90,000 but settled at $86,895.50, with expectations of hitting $100,000 later this year. Investors are now focused on upcoming inflation data, anticipating a rise in the consumer price index.
