Power Breakfast: US Stock Markets End Mixed, Dollar Dips As Tech Surges And Recession Fears Weigh

The Dow closed down 228 points amid volatility. Whereas, Nasdaq gained due to the better-than-expected results of leading IT companies. Yesterday there was a huge decline of 30% in First Republic Bank. Microsoft shares rose 7% on better-than-expected results. META performed better than expected. Meta shares jumped 11% in after-hours trade after better results. Today Amazon and Intel will announce their results.