Power Breakfast: Strong signal from Global Market, Dow-Nasdaq jumped 3%, SGX Nifty in green mark
Posted On May 5, 2022
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Zee Business Video Team | Updated: May 5, 2022 09:06 am
There are good signs from the global markets today. After the US FED policy, there has been a great boom in the US markets. Dow Jones and Nasdaq have seen a jump of 3 percent. The Dow Jones closed at the day’s high above 930 points. There has been a slight softening in bond yields after the Fed policy. There has been a big rally in technology stocks. There has been a round of buying in other sectors including energy. American markets have got support after the results. Although there is a decline of 0.5-1% in the European markets and if we talk about the Asian market, then there is a buying environment here too. SGX Nifty has a gain of more than 100 points and this index is trading on the green mark. The stock markets of Japan and Korea will remain closed today.