Navigating the Rollercoaster of Global Markets : Dows 300-Point Range and Last-Hour Recovery

Good signals from global markets, mixed action amid fluctuations in US markets, trading in the range of 300 points, Dow closed 50 points higher, excellent recovery in the last hour, Dow recovered 275 points from the low and reached the high of the day. Closed, slight fall in Nasdaq, NVIDIA 9%, Amazon up 1%, Fed meeting minutes saw officials caution on cutting rates too soon, most markets are not expecting a rate cut before June, 10 year bond yield 4.3 Maintained above %, Dollar Index weakened for the sixth day, mixed business in Europe

Updated on: February 22, 2024, 01.00 PM IST
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