Power Breakfast: Dow Jones Rises 130 Points, Nasdaq Drops 70 Points As Inflation Worries Loom Amid Mixed Global Cues
Zee Business Video Team | Updated: February 20, 2023 08:46 AM IST
US markets ended mixed on Friday. The Dow rose 130 points, Nasdaq fell 70 points and the S&P 500 closed flat. The biggest decline was in the energy sector. After the inflation data, the concern about the interest rates increased. The 10-year treasury yield rose to 3.8%. Dollar index reached near 104. US markets will remain closed today.