Global oil prices tumbled over $2 a barrel as President Trump’s threat of increased tariffs on China sparked fears of reduced demand. Analysts point to this, coupled with rising OPEC production and a Gaza ceasefire, as key drivers for the market’s shift to a risk-off sentiment. Investors are also watching for potential impacts from a U.S. government shutdown.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.
June 25, 2026