US GDP contraction to have limited impact on global economy; market may dip below Apr 7 low: Jai Bala

Market expert Jai Bala suggests a potential market dip below April’s low. A market bottom could form if the Dow Jones surpasses 40,661. The US GDP contraction is expected to have a limited global impact. Markets are exploring alternative growth sources. European and Asian markets are currently showing strong performance. Overall market impact should be manageable if stability prevails.

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