Power Breakfast: US Market Declines For 3rd Consecutive Day On Fear Of Recession And Rising Covid Cases In China

The US market declined on Friday due to the fear of recession. Buying continues in the bond market. The 10-year bond yield reached near 3.5%. Covid cases increased in China. By 2023, more than one million deaths are estimated. Apart from this, the dollar index reached near 104. Brent reached near $80. On the other hand, there was a rise in gold, silver and base metals.