Global Market Trend (12th Oct., 2021)

Analytic View
Investors' anxiety over inflation, rising government bond yields, and the potential ripple effects from China Evergrande Group's debt default continues to affect the volatility noticed in the market. All the U.S bourses traded lower yesterday with the Dow Jones Industrial Average losing 0.72% (34,496.06)while the  S&P 500 index and the Nasdaq Composite index declined 0.69% (at 4,361.19) and 0.64% (14,486.20), respectively. 

In Asia, Hong Kong’s Hang Seng index declined by 01.65%, China’s Shanghai Composite also declined by 1.25% and Japan’s Nikkei lost 0.95%.