Power Breakfast: SGX Nifty Up, Mixed Closing In US, Crude Slip To $10 On Supply Concern, Dollar Index At 20 Yrs High
US markets closed with high volatility. Dow Jones closed down 130 points. On the other hand, after a weak start, there has been a recovery in the US markets. Dow Jones has closed with a correction of 600 points from the lower level. Nasdaq has seen a rise of 1.75% and the index improved from lower levels and closed with a recovery of 4%. Europe's markets have seen a huge decline of up to 3% here. Crude oil fell by $10, while the dollar index jumps to a 20-year high. SGX Nifty is seeing a rise of about 100 points and this index is trading in the green mark.
Written By: Zee Business Video Team