Power Breakfast: Strong Rebound In US, Dow Jumps 400 Points, All Eyes On Todays FOMC Meeting Minutes

On Tuesday, the US markets closed with a strong boom. Dow Jones jumped 400 points to close at the day's high. Nasdaq, S&P500, Russell 2000 gained up to 1.5%. Strong action was seen in retail stocks. The 10-year bond yield fell to 3.75%. The market is expecting a softening of the Fed's stance. The minutes of the FOMC meeting will be released today. Apart from this, the European market have hit a 3-month high.