Power Breakfast: Hattrick Of US Market Rally, UK inflation 9.4% On 40 Yrs High, ECB Increase Rates After 11 Yrs

On Thursday, the US market has hit a hattrick of gains. The Dow Jones closed up 150 points while the Nasdaq gained 1.4 per cent. Apart from this, ECB has increased rates by 0.5% for the first time in 11 years. U.K. inflation hit a new 40-year high of 9.4% in June. Apart from this, Tesla shares rose 10%, American Airlines shares fell 7-8%. Today the results of Twitter, American Express, Verizon will come.

Updated on: July 22, 2022, 08.54 AM IST
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