Power Breakfast: Janet Yellen Changed Market's Mood Again Says, Banks Will Be Given All Kinds Of Help
Zee Business Video Team | Updated: March 24, 2023 08:38 AM IST
There was a huge volatility in the US market on Thursday. The Dow closed up 75 points, slipping 400 points from the day's high. Whereas, Nasdaq gained 1% due to strong action in IT stocks. After accusations made by Hindenburg Research against Block Inc, its shares tumbled by 15%. Janet Yellen again changed the markets mood by saying - "Banks will be given all kinds of help. Bank deposits will be kept safe.'' Fed member James B. Bullard will deliver a speech today.
