BusinessStock Market Falls Amid US-Iran Tensions and Fed Rate Hike Concerns
On September 29, the NSE Nifty 50 and BSE Sensex fell by 1.56% and 1.52% respectively. US-Iran tensions increased oil market volatility, impacting stocks and bonds. The S&P 500 dropped 0.8%, Nasdaq 100 fell 1.1%, and Dow Jones declined 0.7%. Treasury yields hit nearly two-decade highs, raising expectations of a Federal Reserve rate hike in October. Asian stocks also declined amid these concerns.
NDTV Business·3h ago


