US yields rise as Brent hits $83 | CAS volatility lower on Thursday | SBI, Hindalco earnings
Global markets remained cautious as renewed concerns over the Strait of Hormuz pushed Brent crude above $83 a barrel, while US stocks ended mixed with the Dow falling 0.8%. Investors are tracking geopolitical tensions involving Iran, Israel and Lebanon, alongside steady US Treasury yields and rising gold prices. Asian markets traded higher, but GIFT Nifty indicated a weak opening for Indian equities amid persistent global uncertainty.