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.
Meanwhile, some of the big U.S. companies that are slated to report this week include JPMorgan Chase & Co., Delta Air Lines Inc., DAL -0.69% UnitedHealth Group Inc. UNH 0.93%, and Domino’s Pizza Inc. DPZ -0.50%
European bourses went down moderately with the modestly lower with Germany’s DAX 30 remaining flat from the previous day, though Britain's FTSE 100 gained 0.72%,
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%.
U.S. benchmark crude oil gained 17 cents to $80.69 per barrel in electronic trading on the New York Mercantile Exchange. It gained 1.5% to $80.52 per barrel on Monday.
