S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Brent fell toward $91 per barrel on Wednesday, reversing gains from earlier in the session even as escalating tensions in the Middle East threatened to undermine peace negotiations. Iran launched attacks against several Gulf nations, including Bahrain, Jordan, and Kuwait, after the US carried out “self-defense strikes” in response to the downing of an American helicopter. Oil prices also faced pressure ahead of a key US inflation report that could reinforce the case for a Federal Reserve interest rate hike later this year. Higher borrowing costs are expected to eventually curb economic activity, clouding the outlook for global growth and energy demand. Meanwhile, industry data from the API showed US crude inventories dropped by 9.1 million barrels last week to their lowest level in four months, as buyers sought to replace supplies disrupted by the turmoil in the Persian Gulf.
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