Global Markets: Analyzing the Biggest One-Year Drop in US Markets - Whats Behind It

Fall in global markets... Inflation data in America spoils the mood... January CPI in US at 3.1%, estimated at 2.9%... Core CPI in US at 3.9%, estimated at 3.7%... 10 year US Bond Yield crosses 4.3%, hits 3-month high... Dollar Index also jumps, crosses 104.6, 3-month high... 92% experts in US no longer expect rates to fall in March... One in US Biggest fall of the year... Dow fell 525 points, Nasdaq fell 1.8%... Russell 2000 fell 4% due to selling in #smallcap... European markets also fell by 1%.

Updated on: February 14, 2024, 06.33 PM IST
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