Global Markets: Analyzing the Biggest One-Year Drop in US Markets - What's Behind It
Zee Business Video Team | Updated: February 14, 2024 06:33 PM IST
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%.
