Understanding Weak Signals from Global Markets: Dow Drops 370 Points
Zee Business Video Team | Updated: September 22, 2023 11:03 AM IST
Weak signals from Global Markets, keep an eye on Bank of Japan American markets fall for the third day Dow fell 370 points and closed at the day's low, Nasdaq fell 1.8% Impact of rising bond yield beating all sector indices. 10 year yield crosses 4.5%; At a new high of 16 years 2 year yield crosses 5.2% Beating of giant IT stocks Amazon 4.4%, Alphabet 2.5%, Meta 1.3% Heavy pressure on Semi-Conductor manufacturing stocks too FedEx is up 4% after the results Decline up to 1.5% in Europe BoE kept interest rates stable