Power Breakfast: Worst cues from Global Market, Dow at 14-month low, Nasdaq 4.7% as Inflation jitters return, Biggest decline since 2020

Very bad signals are being seen from the global markets. On Wednesday, after two days of rapid growth, there has been a strong decline in the US markets. The biggest decline has been seen from the US markets in 2 years. The Dow Jones closed at the day's low by breaking 1165 points, while the Nasdaq also dominated selling and the index closed down 4.7%. The Dow closed at a 14-month low. Talking about the US markets, selling was seen in all 11 sectors. Due to the increasing rate of inflation, so much selling has been seen in the US markets. Apart from this, a decline of 1-1.5% has been seen in the European markets. Talking about the Asian market, there is also a period of selling and there is a decline of more than 300 points here.