Singapore shares fell this morning despite gains in US and Europe markets.
In early trade, the Straits Times Index (STI) fell 0.1 per cent to 3,317.69 points after 17.8 million securities changed hands in the broader market.
In terms of developments to watch for today, Singapore’s headline inflation fell to 5.5 per cent on-year in March, down from 6.3 per cent in February as expected by economists in a Bloomberg poll.
Core inflation meanwhile, also dialled back to 5 per cent on the year in March, down from 5.5 per cent in February.
Elsewhere investors continue to await first quarter earnings from a number of high profile companies including Alphabet, Microsoft, Amazon and Meta. But what is the outlook for the US tech sector after the series of layoffs we saw for the good part of this year?
On Market View, the Drive Time team unpacked these developments with David Kuo, Co-founder, The Smart Investor.

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