Power Breakfast: Global Markets Sluggish; World Bank, IMF Warn About Deepening Of Global Slowdown

On Friday, Dow Jones fell 140 points to close at 30,822. On the other hand, Nasdaq lost 104 points and closed at the level of 11,448. All eyes are on the Fed's policy on coming Wednesday. World Bank, IMF warned about deepening of global slowdown. Crude oil declined for 3 consecutive weeks. Gold hits two-and-a-half-year low.