Power Breakfast: Dow Jones Rises 130 Points, Nasdaq Drops 70 Points As Inflation Worries Loom Amid Mixed Global Cues

Name: Power Breakfast: Dow Jones Rises 130 Points, Nasdaq Drops 70 Points As Inflation Worries Loom Amid Mixed Global Cues
Uploaded: 2023-02-20T08:15:01+05:30
Duration: 15 min 53 s
Description: US markets ended mixed on Friday. The Dow rose 130 points, Nasdaq fell 70 points and the S&P 500 closed flat. The biggest decline was in the energy sector. After the inflation data, the concern about the interest rates increased. The 10-year treasury yield rose to 3.8%. Dollar index reached near 104. US markets will remain closed today.

US markets ended mixed on Friday. The Dow rose 130 points, Nasdaq fell 70 points and the S&P 500 closed flat. The biggest decline was in the energy sector. After the inflation data, the concern about the interest rates increased. The 10-year treasury yield rose to 3.8%. Dollar index reached near 104. US markets will remain closed today.

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Written By: Zee Business Video Team

Updated on: February 20, 2023, 08.46 AM IST