Power Breakfast: Dow Rises 375 Points Ahead Of Inflation Data, META Shares Jump 3% On News Of Layoffs

Strong action was seen in the US markets on Monday. The Dow jumped 375 points to close at the day's high. NASDAQ jumped 1.5% on buying in IT stocks. META shares jumped 3% on the news of layoffs. At the same time, there was a strong jump of 3% in Microsoft. Today all eyes on Coca-Cola, Airbnb results. The bond yield is stable at 3.7% ahead of inflation data. Inflation is expected to decline from 6.5% to 6.2% in January.