Power Breakfast: Despite Strong Jobs Data US Market Fell Sharply, All Eyes On OPEC Meeting, US Market Will Remain Closed Today
Zee Business Video Team | Updated: September 5, 2022 08:30 AM IST
US markets will remain closed today. Dow Jones dropped 340 points on Friday, Whereas, the Nifty closed down 1.3 percent. The unemployment rate rose from 3.5% to 3.7% in August. Europe markets are up by 2-3%. SGX Nifty is trading with a fall of 50 points. Today there is meeting of OPEC. Before the OPEC meeting, buying in crude oil was seen from the lower level. Brent rose 1.5% to close at $95 a barrel.
