Power Breakfast: Great rally in US Market Dow Rise 825 Pts; Russia Defaults on Foreign Debt for First Time Since 1918

There are good signs from the global markets. On Friday, there was a great rally in the US markets. The Dow Jones closed at the day's high by jumping 825 points. Apart from this, a jump of up to 3% has also been seen in Nasdaq. The Russell 2000 jumped over 3%. Apart from this, there has been a jump of 1-1.5% in the European markets. Brent Crude reached near $111 per barrel. At the same time, Russia defaulted on the repayment of the loan.