Power Breakfast: Consecutive Three Days US Market Rally End; Dow Slips 140 Pts, Twitter Rose 1% Even After Weak Results

The US market ended three consecutive days of rally. Dow Jones closed down 140 points amid trading in the range of 500 points. On the other hand, Nasdaq is down 1.95 percent. Due to the weak signals from the global market, weakness in the Asian market is also visible today. SGX Nifty is down 0.43 per cent. There is a meeting of the US Federal Reserve meeting on July 27. Interest rates expected to rise by 0.75 percent. Twitter shares rose 1% even after weak results.