Power Breakfast: US Market Rises Ahead Of Inflation Data, Inflation Expected To Decline From 7.7% To 7.3% In November
Zee Business Video Team | Updated: December 13, 2022 08:25 AM IST
On Monday, Dow jumped 530 points to close at the day's high. While Nasdaq jumped 1.25%. Oracle's stock jumped 2% after strong results. Inflation is expected to decline in the month of November. Inflation is expected to decline from 7.7% to 7.3%. Brent reached above $78 as the American Keystone pipeline was closed from Wednesday. Moreover, Russia threatened to reduce production. Bank of America's crude oil is estimated to go up to $90.
