🌍 Global Market Update
Advisory Bazaar Info Services
🔹 US equity markets closed lower on Thursday, with major indices falling between 1.52% and 1.78%.
🔹 European equity markets also ended in negative territory, with losses ranging from 0.21% to 0.72%.
🔹 Asian equity markets are trading in the red in early morning trade today.
🔹 GIFT Nifty is down by around 200 points, indicating that Nifty Futures may open near the 23,510 level.
🔹 Crude oil markets remain highly volatile. Brent Crude is trading near $100 per barrel, while WTI Crude is around $96 per barrel.
🔹 Rising geopolitical tensions in the Middle East have increased concerns over supply disruptions after Iran warned it could effectively close the Strait of Hormuz.
🔹 As a result, the oil market is witnessing one of the most volatile trading phases in recent years, and investors are preparing for continued instability.
🔹 Major US indices closed at their lowest levels of 2026 so far. The Dow Jones fell about 740 points, closing below 47,000 for the first time this year.
⚠️ Rising oil prices and escalating geopolitical tensions may continue to pressure global markets and inflation.