Power Breakfast: Bloodbath On D-Street Before US Fed Meeting On Fear Of Recession, Dow Tumbles 880 Points

Once again, there are signs of selling from the global markets. The US markets closed with a heavy fall for the second consecutive day due to rising rates and fear of recession. Dow Jones closed after breaking 880 points for the second consecutive day. On the other hand, Nasdaq and Russell 2000 have slipped 4.7%. Apart from this, with a fall of 3.9%, now the S&P 500 has also come in the bear market.