Global Bazaar
• US equity markets closed on a flat to negative note, as uncertainty lingered over trade developments.
• European markets ended mostly in the red, with the exception of the DAX, which managed to post gains.
• Despite former President Donald Trump’s suggestions of impending trade agreements this week, there was no clear progress on the US-China trade front, leaving Wall Street on shaky ground.
• Ford Motor Co. withdrew its financial guidance, citing potential negative impacts from proposed auto tariffs, adding to investor concerns.
• Brent crude rose by 1.31%, settling at $57.88 per barrel.
• On the domestic front, Sensex and Nifty saw down of 170 points and 50 points, respectively.