Power Breakfast: Wall Street Falls After Red-Hot Inflation Data; Dow Slides 200 Points

There are mixed cues from the global markets. Talking about the US markets, after the inflation data for June, there has been a lot of volatility in the US markets. The Dow Jones closed down 200 points in the range of 450 points, while the Nasdaq saw a slight decline. The results of Delta Airline have disappointed and after this the stock is seeing a decline of 8 percent. Today the results of JP Morgan and Morgan Stanley will be coming. Apart from this, there is a decline of up to 1% in the European markets.