Heavy fall in American markets, Stock Market Slides Even As Nvidia Keeps Rising
Zee Business Video Team | Updated: May 30, 2024 09:42 AM IST
Weak signals from the global market. Heavy fall in American markets - Dow closed at the day's low by slipping 400 points. Dow Jones now down 1600 points from record high. Nasdaq weakened 100 points, Russell 2000 fell 1.5%. Selling in all 11 sectors of the S&P 500. Pressure on the market due to rising bond yield - 10 year bond yield crosses 4.6%, at 1 month high. Market volatility also based on results - Salesforce shares fell 16% in post market trading. Europe market weakened by 1%. Dollar Index crosses 105, at a high of 2 weeks. Break on 3 days' rise in Crude Oil. Gold breaks 2-day rise, slips $20. Mixed performance in Metals.
