Power Breakfast: Global Markets Sluggish, Slight Gains On Dow Jones, Nasdaq Slips 0.6%, Crude Rises To $99

On the last trading day of the week (12 August 2022), there are signs of lethargy from the global market. On Thursday, there was a slight increase in Dow Jones and it closed by slipping 300 points from the high of the day. The Nasdaq was down 0.6 percent. SGX Nifty is trading at the level of 17668 with a weakness of 18.50 points. Today IIP (June) and CPI (July) figures will come. Gold and silver are under pressure from the upper levels. Crude oil rose to near $ 99 per barrel.