Power Breakfast: US Markets Breaks Down As Inflation Hits 40-year High, Dow-Nasdaq Declines The Most

In Friday's trading session, US markets fell the most as US inflation hits 40-year high. The Dow Jones closed at the day's low by falling 880 points. On the other hand, the S&P 500 has seen a decline of 3% and the Nasdaq by 3.5%. Apart from this, the market in Europe is down by 2-3%. There is also a decline in the Asian market. SGX Nifty is down by more than 300 points and this index is trading in red mark with a fall of 1.89%.