6 things that changed for the stock market overnight Gift Nifty to spike in US treasury yields

News Snapshot:

The Indian stock market continues to remain under selling pressure and is expected to open lower Wednesday on the back of weak global cues. The Asian markets fell to a 11-month low following overnight selloff in US stocks after resilient US economic data led Treasury yields to fresh highs. The US 10-year Treasury yields reached above 4.75%, while the 30-year yield traded near the highest level since 2007. The domestic benchmark indices ended around half a percent lower in the previous session. The Sensex declined 316 points to end at 65,512, while the Nifty 50 fell 110 points to 19,529...