Overview
- U.S. benchmarks pulled back from fresh records on Wednesday and futures slipped Thursday as mixed data kept Treasury yields near 4.15%.
- Asian markets were mixed to lower after the early‑year AI rally faded, with Japan’s Nikkei and Hong Kong’s Hang Seng declining and bonds holding prior gains.
- Indian equities fell for a fourth session, with the Sensex down about 780 points and the Nifty off 1%, led by losses in metals, oil and gas, and IT shares.
- Foreign investors continued to sell Indian stocks, with exchange data showing Rs 1,528 crore of net outflows on Wednesday as tariff worries weighed on sentiment.
- Oil stayed volatile near $56–$60 after U.S. moves to control Venezuelan crude sales and tanker seizures, while markets assessed reports of potential steep U.S. tariff hikes.