Power Breakfast: US Market Down For 4 Consecutive Days, Crude Drops 10% In Two Days On Hopes Of Iran Nuclear Deal

There are weak signals from the global market today. US markets fell for the fourth consecutive day. In the last 2 days, Dow Jones has fallen about 600 points while Nifty has slipped 1.5%. There is a decline in the global market due to rising inflation and the concern of recession. Japan's bond yields hit a 24-year high. Europe's markets have fallen 1 percent. SGX Nifty is showing weakness of more than 50 points. Crude oil fell 10 percent in two days on hopes of Iran nuclear deal.