Power Breakfast: Signs of weakness from Global Market, Dow breaks for 5th consecutive day, SGX Nifty in red mark

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.