Power Breakfast: US Markets Slump Ahead Of Fed's Decision On Interest Rates, Retail Stocks - Walmart, Amazon Decline
Zee Business Video Team | Updated: July 27, 2022 08:55 AM IST
There are mixed signals in the market before the Fed policy. Before the decision of the US Federal Reserve, there was a sell-off in the US markets. On Tuesday, the Dow Jones closed the day's low by breaking about 225 points. Whereas, Nasdaq saw a decline of 1.9%. Apart from this, retail stocks slipped. Walmart is down by 7.5%, Target 3.5%, Amazon 5%, Alphabet, Microsoft 2%, Meta 4%.
