Power Breakfast: Global Markets Sluggish; Nasdaq, S&P 500 Rise Slightly, Eyes On The Fed Members Public Speech Today
Zee Business Video Team | Updated: May 9, 2023 09:19 am
US markets ended flat on Monday. The Dow slipped 55 points in a range of 250 points. Whereas, Nasdaq and S&P 500 had minor gains. PacWest closed up only 3.5% after jumping 30% intraday. According to Fed, it has become difficult to get loans from banks. The 10-year bond yield jumped above 3.5%. Today three members of the Fed will deliver a public speech.
