Thursday, 28 March 2019

Wall Street Ends Lower: US Stocks Eased On Wednesday

US stocks eased on Wednesday as Treasury bond yields fell again and a prolonged inversion in the yield curve fanned fears of a US economic slowdown.

Trends on SGX Nifty indicate a negative opening for the broader indices in India, a fall of 22 points or 0.19 percent. Nifty futures were trading around 11,424-level on the Singaporean Exchange.

Asian share markets were painted red on Thursday as recession concerns sent bond yields spiralling lower across the globe, overwhelming central bank efforts to calm frayed nerves.

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