Power Breakfast: Global Markets In Good Mood Ahead Of US Fed Policy, 88% Experts Predict A Rate Hike Of 0.25%

US market closed higher for the second consecutive day. The Dow climbed 315 points to close at the day's high. Whereas, the Nasdaq jumped 1.5% and the Russell 2000 rose 1.9%. There was good buying in banking stocks, First Republic Bank jumped 30%. Other small banks gained 10%. All eyes on Fed's decision, 88% experts predicted a rate hike of 0.25%.

Updated on: March 22, 2023, 08.30 AM IST
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