Power Breakfast: Investors Cautious Ahead Of March Inflation Data, Estimated To Fall To 5.2%, Eyes On Fed's Minutes
Zee Business Video Team | Updated: April 12, 2023 08:40 AM IST
Mixed trade has been seen once again in the US market. The Dow closed up 100 points in a range of 200 points. The S&P 500 closed flat and the Nasdaq slipped 0.4%. Investors became cautious ahead of data, results. Fed meeting minutes to be released today. The inflation rate for March is expected to fall from 6% to 5.2%. The core inflation rate is expected to increase from 5.5% to 5.6%.