Global Markets in Slow Motion: Fallout from Fed Chairs Statement on US Market Mood

Sluggish action in #GlobalMarkets...Fed Chairman's statement spoiled the mood of the US market...Fed Chairman Jerome Powell's statement - It is necessary to take more steps to bring inflation down to 2%...If necessary, interest rate hike Further increase possible... 10 year bond yield increased to 4.65%... 15% experts predicted increase in interest rates in December... Before the statement, 10% experts were predicting increase in rates.

Break on the rise of US markets...Dow slipped 220 points and closed at the lowest level of the day.
Nasdaq slipped 1% after 9 days of rise... Russell 2000 index down 1.5%... Tesla fell 5.5% due to HSBC's downgrade... Disney jumped 7% due to good results... Up 1% in Europe Bullishness of... Dollar Index at 1 week high, Brent flat below $80... Light recovery in Gold from 3 week low