📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed higher, gaining between 0.76% and 1.05%.

🔹 European markets ended flat.

🔹 Asian markets are trading in the green.

🔹 Sensex–Nifty are trading higher by 136 to 440 points.

🔹 The US Commerce Department has announced countervailing duties on solar cells and panels imported from India, Indonesia, and Laos.

🔹 According to the department’s fact sheet, the subsidy rates have been set as follows:

▪️ India – 125.87%

▪️ Indonesia – 104.38%

▪️ Laos – 80.67%

🔹 The move follows a petition filed last year by a group of U.S. solar manufacturers, alleging unfair trade practices.

🔹 Technology stocks supported the market with a strong rebound after the recent decline triggered by concerns related to Artificial Intelligence (AI).

🔹 Asian markets advanced as investor concerns eased following the recovery in Wall Street tech shares.

🔹 Crude oil prices edged slightly higher. Traders are assessing the prospects of a U.S.–Iran nuclear deal, while increased U.S. military activity in the Middle East is keeping markets cautious.