Power Breakfast: Bank Of England Stops Buying Bonds As Market Chaos Subsides
Zee Business Video Team | Updated: October 12, 2022 08:51 AM IST
There was a slight increase in Dow Jones yesterday after 4 days of decline, Dow rose 36 points amid trading in the range of 550 points. S&P 500 and Nasdaq remained weak for 5 consecutive days. Nasdaq fell 1% again yesterday. Meta, Microsoft hit 52-week low. There was a weakness of 0.5-1% in Europe. Bank of England will stop buying bond this week. Gold touched a 1-week low and Silver touched a 2-week low. Brent and WTI fell 5% from 5-week high.
