Power Breakfast: Signs of weakness from Global Market, Dow breaks for 5th consecutive day, SGX Nifty in red mark
Zee Business Video Team | Updated: May 12, 2022 09:26 AM IST
Once again the selling phase is being seen in the global markets. The Asian market has made a weak start during today's trading session. On the other hand, the selling of American markets has been seen dominating here too. The Dow Jones has seen a decline for the fifth consecutive day. Dow Jones closed with a fall of 325 points at the day's low. There was a good start in the US markets but later there has been a decline here. The Dow Jones has broken 750 points from the day's high. At the same time, there is a decline in IT stocks too. Nasdaq has also broken more than 3% and Apple's stock has registered a fall of 5%. At the same time, April inflation in America is 8.3%. The 10-year bond yield has slipped to 2.88%. At the same time, there has been an increase of 1.5-2% in the European markets, but if we talk about the Asian market, then there is a selling environment here. SGX Nifty is seeing a decline of more than 150 points.
