Power Breakfast: Despite Strong Jobs Data US Market Fell Sharply, All Eyes On OPEC Meeting, US Market Will Remain Closed Today

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.