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BREAKING: President Trump has presented Iran with an ultimatum; reach a deal to fully open the Strait of Hormuz by Tuesday (today), or face โ€˜devastating strikesโ€™ โ€“ Bloomberg

roz ka h inka ab ๐Ÿ˜‚๐Ÿ˜‚
BREAKING: The U.S. military has depleted nearly 80% of its THAAD missile interceptors in the war with Iran, sources tell CNN

The U.S. has also used up roughly half of its Patriot interceptor missiles, seriously limiting the capability to intercept Iranian ballistic missiles fired at Gulf states and Israel.

The Pentagon has warned President Trump repeatedly in recent weeks that the low stockpiles could carry serious consequences in any new round of prolonged fighting with Iran.
Global Market Update | 07 Aug 2026

๐Ÿ‡บ๐Ÿ‡ธ Dow Jones: 53,885.10 (-466.74 | -0.86%)
๐Ÿ‡บ๐Ÿ‡ธ S&P 500: 7,709.96 (-15.55 | -0.20%)
๐Ÿ‡บ๐Ÿ‡ธ Nasdaq: 26,348.35 (-24.53 | -0.09%)

๐Ÿ›ข Brent Crude: Above $83/bbl
๐ŸŸก Gold: Trading higher on safe-haven demand.

๐Ÿ‡ฎ๐Ÿ‡ณ GIFT Nifty: Indicates a flat to slightly weak opening.

Market View: Rising crude prices and caution ahead of the US NFP data may keep volatility elevated. Indian markets could witness a muted start with stock-specific action in focus.