Power Breakfast: US market fell for the fourth consecutive week, Dow Jones fell 1.9%, S&P 500 2.8%, Nasdaq 3.8%
Zee Business Video Team | Updated: April 25, 2022 09:43 AM IST
U.S. stock futures fell amid a four-week losing streak for the Dow Jones Industrial Average as investors weighed the likelihood of rising interest rates. The Dow Jones slips 1.9%, S&P 500 2.8%, Nasdaq dropped by 3.8%. Meanwhile, the signals of the commodity market also weakened. Crude fell, Brent slipped below $105. Last week, there was a 5% fall in crude oil, a fall in gold prices near $1930. Metals break down, dollar at 2-year high. Wall Street is also bracing for a stacked week of earnings, including reports from major tech companies such as Amazon and Apple.
