Global Market Update

Advisory Bazaar Info Services

* US equity markets closed higher, gaining between 0.50% and 1.00%, led by strength in technology and semiconductor stocks.

* European markets ended in positive territory, with the exception of the FTSE.

* Asian markets are trading mixed, with most indices in the green while South Korea’s market is under pressure.

* GIFT Nifty is up around 180 points, indicating a positive opening for the Nifty near the 24,620 level.

* Crude oil prices plunged, with Brent crude falling as much as 7.3% before trimming losses after US President Donald Trump announced that planned military action against Iran had been called off and fresh talks with Tehran would begin. A modest OPEC+ output increase also weighed on oil prices.

* Wall Street’s gains were driven by continued strength in major technology companies, including Amazon, along with semiconductor and chipmakers such as Micron Technology.

Market Focus: Investors will closely monitor US-Iran developments, crude oil prices, and upcoming global economic data for further market direction.