Dow Soars 170 Points for the 4th Consecutive Day! November Inflation Sees a Drop from 3.2% to 3.1%
Zee Business Video Team | Updated: December 13, 2023 06:12 PM IST
Bullish trend continues in US... Dow rises 170 points for the fourth consecutive day... Leadership in IT, Nasdaq closed 0.7% higher... VIX slipped 4.5% to its lowest level in almost 5 years... Inflation in November fell from 3.2% to 3.1%, as per estimates... Core inflation also 4% as per estimates Remained... Bond yield slipped below 4.2%... Market does not expect change in rates in Fed Policy... Fed Chairman Jerome Powell's statement will be monitored... Big fall in crude oil, crude fell 4%
