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Sensex Today: GIFT Nifty Hints At Muted Start As US And Asian Markets Decline
M
Moneycontrol•08-10-2026, 07:33
Sensex Today: GIFT Nifty Hints At Muted Start As US And Asian Markets Decline
- •GIFT Nifty indicates a muted start for the Indian stock market following declines in global markets.
- •Wall Street closed lower on Wednesday as long-dated US Treasury yields resumed their climb.
- •Rising yields revived market fears regarding inflation and mounting US national debt.
- •Major US stock indices snapped their winning streaks, with the S&P 500 and Dow halting four-day gains.
Key Questions Answered
All three major US stock indexes closed modestly lower on Wednesday, snapping previous winning streaks as long-dated US Treasury yields resumed their climb and renewed inflation fears.
The Dow Jones Industrial Average fell 341.11 points, or 0.66%, ending the session at 51,180.17.
The S&P 500 lost 17.18 points (0.22%) to finish at 7,801.75, while the Nasdaq Composite lost 61.19 points (0.22%) to close at 27,538.69.
