Power Breakfast: Good Signals From US Market, Dow Jumps 435 Points; Which Markets Will Shut Today?

Today markets in UK, China, Hong Kong, Taiwan and Thailand will be closed. Good gains were seen in the US markets. The Dow closed at the day's high by climbing 435 points. There was a strong rally in IT, chip stocks and Nasdaq has jumped 2.7%. Despite cutting the guidance, there was a buy in Microsoft's stock. Mixed action was seen in Europe markets and SGX Nifty is up by more than 150 points.