Power Breakfast: US Fed To Release Its Beige Book That Will Reflect The Economic Activity Of US

US markets ended mixed amid volatility on Tuesday. The Dow closed flat after recovering 200 points from its low. While, there was a slight decline in bond yields. Apart from this, two members of the Fed indicated further rate hikes. Bank of India reported strong results. Goldman Sachs' results disappointed, due to which the stock slipped 1.5%. Netflix's results disappointed, due to which the stock remained flat. Today all eyes on Morgan Stanley and Tesla's results. Today the US Fed will release its 'Beige Book' which will reflect the economic activities of US.