Global markets under pressure, big fall in the US due to rising bond yields for 2nd consecutive day
Zee Business Video Team | Updated: October 20, 2023 11:21 AM IST
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
