Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets, except the Dow Jones, closed on a negative note.

🔹 European markets ended on a flat to negative trend.

🔹 Asian markets are trading in the green today.

🔹 Sensex–Nifty are up by around 90–47 points.

On Tuesday, the S&P 500 and Nasdaq closed lower, while the Dow Jones edged up to its third consecutive record close, as investors digested weak retail sales data and awaited a key U.S. labor market report.

Asian stocks are trading higher on Wednesday, supported by softer U.S. retail sales figures that strengthened expectations of a Federal Reserve rate cut later this year.

Oil prices also moved higher, driven by geopolitical tensions in the Middle East—particularly developments involving Iran—which outweighed data showing a significant build in U.S. crude inventories. West Texas Intermediate (WTI) rose above $64 per barrel.