📊 Global Market Update

Advisory Bazaar Info Services

🔹 US equity markets, except the Dow Jones, closed in positive territory.

🔹 European equity markets ended on a flat to negative note.

🔹 Most Asian equity markets are trading with a positive bias.

🔹 Sensex and Nifty are up by around 380 points and 116 points, respectively.

🔹 Oil prices remained steady after Israel and Iran agreed to halt attacks against each other, easing concerns over a broader Middle East conflict and potential disruptions to global energy supplies.

🔹 Brent crude is trading near $94 per barrel, while US benchmark WTI crude is hovering above $91 per barrel.

🔹 US stocks advanced on renewed optimism surrounding artificial intelligence. Chipmakers Nvidia and Micron Technology gained around 5.6%, helping markets recover from their sharpest selloff since 2020.

🔹 Asian markets rebounded strongly as geopolitical tensions in the Middle East eased and selling pressure in AI-related stocks subsided.

🔹 Brent crude slipped 0.4% to trade just below $94 per barrel after Iran and Israel signaled efforts to de-escalate tensions and support peace negotiations in the region.

📌 Global cues, crude oil price movements, and developments in the AI sector are likely to remain key drivers for market sentiment today.

Advisory Bazaar Info Services