Top Market Headlines on June 3: Here is are the top business news notifications

MARKET MOOD CHECK
US markets see rebound rally in trade. Dow jumps 400 points, Nasdaq adds more than 2% to cut two-day losing streak

CRUDE WATCH
Saudi Arabia promises more oil, prices however refuse to cool. Oil prices set for sixth weekly advance.

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ECONOMY WATCH
India's trade deficit widened to a record high in May at $23.3 billion. In the first two months of FY23 (April and May), India's merchandise import increased by 42.35% yoy to $120.81 billion.

CRYPTO CORNER
Gemini – the crypto exchange spearheaded by billionaire twins Cameron and Tyler Winklevoss – announced first-ever job cuts. After laying off 10% of employees the backers of the digital asset said investors must brace for a 'crypto winter'

STOCK WATCH
Reliance Industries: reports indicate Mukesh Ambani led RIL is set to make a bid for international chemist and drugstore units branded Boots.