Power Breakfast: Global Markets Weak, Pressure On All Asian Currencies And Break On The Gains Of US Markets

Name: Power Breakfast: Global Markets Weak, Pressure On All Asian Currencies And Break On The Gains Of US Markets
Uploaded: 2022-10-20T08:30:01+05:30
Duration: 16 min
Description: US market have weakened once again. Dow Jones lost 100 points. On the other hand, Nasdaq fell about 1% and Russell 2000 fell by 1.7%. Pressure created by rising bond yields, the 10-year yield crossed 4.1%. Bond yields are at these levels for the first time since 2008. Yesterday Gold fell by $20.

US market have weakened once again. Dow Jones lost 100 points. On the other hand, Nasdaq fell about 1% and Russell 2000 fell by 1.7%. Pressure created by rising bond yields, the 10-year yield crossed 4.1%. Bond yields are at these levels for the first time since 2008. Yesterday Gold fell by $20.

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Written By: Zee Business Video Team

Updated on: October 20, 2022, 08.37 AM IST