Power Breakfast: US Markets Sluggish, Dow Closed Up 80 Pts, Powell States - Inflation Is The Biggest Threat To Growth

Amidst volatility, mixed action was seen in the US markets. Jerome Powell's statement came out that inflation is the biggest threat to growth right now. The Dow Jones closed up 80 points in a range of 250 points. At the same time, the SP500 NASDAQ closed with a slight decline. Apart from this, the 10-year bond yield came down to 3.1%.