U.S. Markets Ended Mix with Dow Jones closing at record highs; Oil Prices Hit Three-Month Low

Global markets showed divergence as the Dow hit a fresh record high, supported by a rotation into cyclical stocks and a sharp decline in oil prices, while technology stocks weighed on the Nasdaq amid semiconductor weakness.

Falling crude to multi‑month lows supported sentiment, even as markets awaited the Fed’s policy cues. Asian markets remained mixed. Domestically, Nifty extended its rally and closed near recent highs, supported by easing crude and rupee strength.

Technically, momentum remains positive, with support at 23,780, while a decisive breakout above 24,150 is crucial for further upside.