Power Breakfast: Historic Fed Rate Hike In Decades, Dow Futures Surge On 0.75% Fed Hikes Nasdaq Rise 2.5%
Zee Business Video Team | Updated: June 16, 2022 09:04 AM IST
Global markets rebounded after the US Fed Reserve raised the interest rate by 0.75%. After the US Fed policy, there has been a rise in the US markets. Dow closed above 300 points amid trading in the range of 825 points. Apart from this, there was a big rally in IT stocks and Nasdaq has jumped 2.5%. Markets in Europe saw a jump of 1.5%. SGX Nifty is up by more than 150 points and this index is trading with green mark.
