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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
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
Crude OilWTI Oil

Oil Drops as Russian Port Resumes Exports

WTI crude oil futures fell to $59.5 per barrel on Monday, paring gains from the previous session after Russia’s Novorossiysk port resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Reports indicated that two crude tankers were moored at the port on Sunday, signaling ongoing activity at the terminals. The disruption at Russia’s second-largest oil export hub had pushed crude prices up more than 2% on Friday to close the week with a modest gain. Meanwhile, President Trump on Sunday said that Republicans are drafting a bill to sanction any country trading with Russia and mentioned that Iran could be added to the list. Still, the outlook for the oil market remains bearish, with expectations of a supply glut later this year and next, as both OPEC and non-OPEC producers increase output amid slowing demand growth.

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