🔔 Global Bazaar Update
By Advisory Bazaar Info Services
• US Equity Markets: Ended higher with gains between 0.75% and 1%. The rally was driven by stronger-than-expected job growth data, boosting confidence in the U.S. economy, although it lowered the chances of a Fed rate cut in July.
• European Markets: Closed flat to slightly positive, reflecting cautious optimism across the region.
• Asian Markets: Trading mixed on Friday amid renewed trade tensions ahead of next week’s tariff deadline, which dampened sentiment despite Wall Street’s record-setting performance.
• Oil Market: Prices remained largely unchanged as investors await the upcoming OPEC+ meeting, where another major production hike is expected — potentially adding to the supply surplus forecast later this year.
• Indian Equity Markets:
• Sensex closed with a gain of 130 points.
• Nifty rose by 35 points.