Power Breakfast: Good Cues From Global Markets, US Treasury Yield Rises Near 3%, Dow Futures Jumps 100 Points

There are good signs from the global markets. Yesterday i.e. on Monday, the US markets were closed, but Asia's markets saw a very good performance. Dow futures saw a rise of 100 points. At the same time, the US bond yield has reached near 3% with a slight increase. At the same time, inflation in South Korea has gone near 6%, which is the highest in 24 years. There was an increase of about 1% in the UK and half a percent in France. Oil and gas stocks got support from the rise in oil.