Global Market Update
Advisory Bazaar Info Services
🔹 US equity markets closed higher, gaining between 1.34% and 1.95%.
🔹 European equity markets also ended in the green, with gains ranging from 0.50% to 1.40%.
🔹 Most Asian equity markets are trading higher, supported by dip-buying and growing optimism around interest rate cuts, which helped the S&P 500 log its biggest rally since May.
🔹 US stocks ended Monday higher after the latest employment data showed a sharp slowdown in job growth, strengthening expectations that the Federal Reserve may cut interest rates to support the economy.
🔹 Oil prices steadied after a three-day decline as investors assessed risks to Russian supply. Meanwhile, US President Donald Trump intensified his warning to penalize India for purchasing crude oil from Moscow.
🔹 Indian Market: Sensex and Nifty declined by 120 and 28 points respectively.