Global Bazaar

• US equity markets closed on a flat note.

• European equity markets ended higher, gaining between 0.10% and 0.76%.

• Asian equity markets are trading mixed ahead of key data releases scheduled for Friday. Meanwhile, the European Central Bank (ECB) is set to announce its interest rate decision later today.

• US Treasury prices rose as subdued economic data bolstered expectations that the Federal Reserve may implement at least two interest rate cuts later this year to mitigate the risk of a recession.

• GIFT Nifty is little changed; Nifty futures are likely to open around the 24,720 level.