Indian Market Today | Global & Indian Markets Update – SEP 2, 2026

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The global markets are experiencing mixed signals, with US markets showing a third consecutive day of losses, indices closing at day's low. This decline is attributed to geopolitical tensions between the US and Iran, raising the risk of a wider conflict. Concurrently, bond yields continue their upward trend, hitting multi-year highs, with Japan's 10-year yield reaching 3% for the first time since 1996. This surge is partly driven by fears that higher Japanese government bond yields will mean fewer Japanese buyers for Australian government debt. In the commodities sector, Brent crude oil rose 5% overnight to $95 a barrel, up 35% since July, potentially fueling inflation concerns. Chipmaker stocks are also under pressure, with the VanEck Semiconductor ETF losing over 2%, AMD down 3%, Micron off about 2%, and Nvidia down 1%. Housing stocks tumbled following disappointing construction spending data, with iShares US Home Construction ETF down almost 2%, and Builders FirstSource off 4%. Meanwhile, the US dollar index is holding steady around 99.69, while the USD/JPY pair is trading at 160.21. The market sentiment appears cautious, with investors weighing geopolitical risks, rising bond yields, and sector-specific weakness against some pockets of strength in commodities and specific tech stocks.

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