Global Markets Mixed Signals: Fridays 4th Straight Decline in US, Dow Drops 100 Points

Mixed signals from global markets, US fell for the fourth consecutive day on Friday
Dow slipped 100 points, slight fall on Nasdaq
Biggest decline since March for S&P 500 and Nasdaq
10Yr bond yield remains above 4.4%
30Yr yield near 7.75%, at 23 year high
Morgan Stanley estimates - rates will not increase in the US now
Rate cut possible from 2024

Updated on: September 25, 2023, 10.48 AM IST
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