📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed lower, down 1.34% to 2%.

🔹 In European markets, all indices ended negative except the CAC.

🔹 Asian markets are continuing to trade with weakness.

🔹 GIFT Nifty is down by 135 points, indicating a possible opening of Nifty futures near 25,700.

🔹 Asian markets slipped from record highs. Concerns about the potential impact of artificial intelligence on the tech sector led to selling in U.S. equities, while investors moved toward U.S. Treasuries as a safe haven. Despite this, early Asian trading showed some signs of stability.

🔹 Gold stabilized after a sharp decline, while Bitcoin saw a slight rise. Weakness across different asset classes reflects investor caution. Concerns over tech sector earnings and weak commodity markets triggered sharp declines in several asset classes, marking the biggest equity drop in three weeks.

🔹 Crude oil also remained under pressure. Fears of oversupply and a risk-off sentiment pushed oil toward its first consecutive weekly decline this year, although Brent closed above $67.