Global Market: Dow Slides 275 Points, Nasdaq Closes 30 Points Down

American markets slipped from record level... Dow slipped 275 points and Nasdaq closed down 30 points... Effect of increase in bond yield visible, 10 year bond yield jumped to 4.15%... Dollar Index at 3 month high , above 104.30... Less likely to reduce interest rates in March: US Fed Chairman... Now only 16% experts believe that rates will be reduced in March... McDonald's fell 3.7% after a mixed quarter... Boeing fell 1.3% after 737 Max problems... Tesla fell 3.7% due to increasing competition and pricing pressure.