Analyzing 4th Consecutive Weak Day in US Market, Dow Drops 530 Pts | Impact of Interest Rate Fears
Zee Business Video Team | Updated: April 5, 2024 09:45 AM IST
There was weakness in the US market for the fourth consecutive day... Dow fell by 530 points, a big fall of 1.4% in Nasdaq... Yesterday's session was the weakest since March 2023... More than 2% fall from intraday highs.. 14% rise in US Vix... US market weak due to fear of delay in reducing interest rates... Statements of US Fed members continuously Hawkish... Keeping an eye on the employment data for March coming today... Inflation for March Figures will come next week... Crude Oil jumped 2% and crossed $91 for the first time in 5.5 months.
