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Global Market Cues: Will Stock Market Decline Continue Tuesday? Understand Worldwide Signals.
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CNBC Awaaz•29-09-2026, 07:02
Global Market Cues: Will Stock Market Decline Continue Tuesday? Understand Worldwide Signals.
- •After a sharp decline in the domestic stock market on Monday, uncertainty may persist on Tuesday, with Gift Nifty trading in the red.
- •US stock markets closed lower on Monday, with Dow Jones down 350 points, S&P 500 falling 0.8%, and Nasdaq down 0.9%.
- •High crude oil prices, rising bond yields, and a strengthening US dollar were key reasons for the sell-off in US markets.
- •Selling pressure continued in the US bond market, with the 10-year US bond yield reaching 5.25%.
- •The market is also watching US-Iran war talks; a Bloomberg report suggests Iranian officials have low expectations of an agreement before midterm elections.
Key Questions Answered
On Monday, US stock markets closed lower with major indices near their day's lows. The Dow Jones dropped 350 points, the S&P 500 fell 0.8%, and the Nasdaq declined 0.9%.
High crude oil prices, rising bond yields, and a strengthening US dollar were among the main reasons behind the market sell-off. Additionally, investors focused heavily on the future trajectory of US interest rates and inflation.
Approximately 50% of the flow has been restored in Saudi Arabia's East-West pipeline following damage from a drone attack. The flow is currently around 3.5 million barrels per day out of its 7 million barrels per day capacity.
