Global markets under pressure, big fall in the US due to rising bond yields for 2nd consecutive day

Pressure on Global Markets once again, big fall in US for the second consecutive day - Dow slipped 250 points and closed at the day's low, Nasdaq slipped 1%, Russell 2000 fell 1.5%, pressure on the market again due to rising bond yields, 10-year Yield near 5% - Real Estate Index fell 2.4% yesterday
Tesla fell 9.3%, Netflix ran 16% - Jerome Powell's 'Hawkish' statement - Inflation still very high, this is a matter of concern... It is necessary to bring down the economic growth, a decline of up to 1% in Europe - Crude oil continuously Growth continues for the third day, Brent crosses $93, at a 3-week high

Updated on: October 20, 2023, 11.21 AM IST
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