📌 Global Market Update

Advisory Bazaar Info Services

🔻 US Equity Markets

US stock markets closed lower, with losses ranging between 0.34% and 1.42%.

➖ European Markets

European markets ended flat to slightly weak.

🔄 Asian Markets

Asian equities are trading mixed.

📉 GIFT Nifty

GIFT Nifty is down by around 80 points, indicating a likely Nifty futures opening near 25,780.

🤝 India–US Relations

External Affairs Minister S. Jaishankar held wide-ranging talks with US Secretary of State Marco Rubio on trade, defence, critical minerals, and QUAD. Both sides welcomed progress on an India–US trade deal and agreed to further strengthen bilateral cooperation.

💻 Wall Street Update

Wall Street closed lower amid caution ahead of Alphabet and Amazon earnings and concerns over rising competition in the AI space.

🔄 Sector Rotation

After a sell-off in US tech stocks, investors shifted towards economy-sensitive sectors, impacting Asian markets.

🛢️ Crude Oil

Crude prices rose for the second consecutive day due to escalating geopolitical tensions.

After the US reportedly shot down an Iranian drone in the Arabian Sea, WTI crude jumped 1.7% to around $64 per barrel.