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 MarketUS gasoline futures slid over 5% to around $2.9 per gallon on Wednesday, reversing gains from the previous session, as prospects of a potential ceasefire in the Middle East raised expectations of easing disruptions to global oil supply. President Donald Trump said the US and Iran are currently in negotiations, despite Tehran denying any direct talks. Reports also indicated that Washington had sent Iran a 15-point plan to end the war. Energy markets have remained volatile since the conflict began, with gasoline still up more than 30% so far this month after recently reaching its highest level since July 2022, driven by supply disruptions in the Strait and the seasonal shift to costlier summer fuel blends. Meanwhile, the Trump administration is reportedly planning to expand summer sales of higher-ethanol E15 gasoline by waiving US volatility requirements.
