📌 Global Market Update
Advisory Bazaar Info Services
🔹 US Equity Markets – All US markets, except the DOW Jones, closed on a negative note.
🔹 European Equity Markets – Closed flat to negative.
🔹 Asian Equity Markets – Trading higher.
🔹 Indian Markets – Sensex and Nifty are trading higher by 340 and 85 points, respectively.
🔹 Federal Reserve – US benchmark indices closed lower on Wednesday despite the Fed cutting interest rates by 25 basis points. Officials expressed concerns over labor market weakness and persistently high inflation.
🔹 India–UAE Relations – Commerce & Industry Minister Piyush Goyal is on a two-day visit to the UAE.
🔹 Crude Oil – Oil prices fell due to a rise in US fuel inventories. Brent is trading around $68 per barrel.