Power Breakfast: US Markets Slip Ahead Of Fed's Decision; All Eyes On US Fed Policy Today
Zee Business Video Team | Updated: May 3, 2023 08:52 AM IST
There was weakness in the US market for the second consecutive day. The Dow slipped 370 points. Whereas, Russell 2000 declined sharply by 2%. JP Morgan's stock slipped 1.6%. Banking crisis fears are back again. After the takeover of First Republic Bank, there was a huge fall in all the small banks. Today all eyes are on US Fed policy. 89% of the experts expect a hike in rates by 0.25%. Japan's markets will remain closed for 3 days.
