Power Breakfast: US markets fall heavily, Dow slips 1000 points, SGX Nifty in red mark
Zee Business Video Team | Updated: May 6, 2022 08:53 am
There are signs of strong weakness from the global markets. Talking about the US market, there has been a huge decline during Thursday's trading session. There has been a huge decline in the US markets after the year 2020. While the Dow Jones fell 1000 points, the Nasdaq has broken up to 5 percent. In the last two years, there has been a huge decline in the US market. All 30 stocks of Dow Jones have seen a decline. At the same time, Nasdaq has reached the level of 2020. All the big IT stocks have been hit hard. The bond yield has jumped to the level of 3.1 percent. American markets have not got support from any sector. On the other hand, mixed business has been seen from the European markets. Talking about the Asian market, selling is being seen here too. SGX Nifty is down by more than 200 points and this index is trading with red mark.
