Global Markets Mixed: US Job Data Eyed Amidst Crude Slump & Tesla's Surge

Business
M
Moneycontrol•17-12-2025, 08:39
Global Markets Mixed: US Job Data Eyed Amidst Crude Slump & Tesla's Surge
- •Gift Nifty shows flat movement, while Asian markets exhibit mixed trading trends.
- •US markets closed mixed; Dow fell 300 points, S&P 500 declined, but Nasdaq rose due to Tesla's record surge.
- •Crude oil prices plummeted to their lowest since February 2021, with Brent below $59, driven by contango and geopolitical hopes.
- •Tesla shares hit record levels, reaching a $1.63 trillion market cap, making it the world's 7th most valuable company.
- •Markets await speeches from three Fed officials and upcoming retail inflation and jobless claims data.
Why It Matters: Global markets show mixed signals with crude oil falling, Tesla soaring, and focus shifting to US economic data.
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