📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets showed strength, with major indices closing higher in the range of 0.49% to 1.3%.

🔹 European equity markets also ended in positive territory, gaining 0.78% to 1.78%.

🔹 Asian equity markets are trading firm today.

🔹 In the domestic market, Sensex and Nifty are currently trading higher by around 255–100 points.

🔹 Crude oil prices remain elevated as traders assess the escalating conflict involving the United States, Israel, and Iran. The rise in oil prices could increase concerns about inflationary pressures on the global economy.

🔹 According to the latest data, the U.S. services sector recorded its fastest expansion since mid-2022, while a key price indicator dropped to around a one-year low.

🔹 Strong buying in mega-cap technology stocks supported U.S. markets, with the Nasdaq-100 closing around 1.5% higher.

🔹 Following the rally in U.S. markets and better-than-expected economic data, Asian markets recovered today after the sharp decline in the previous session. However, the Iran-related conflict continues to influence global investor sentiment.

🔹 Brent crude settled near $83 per barrel, as traders continue to evaluate the potential impact of U.S. and Israeli military actions against Iran.