Power Breakfast: Dow Slips 3rd Straight Day, Lost This Year's Entire Gains, Fed's Brainard – 'Need To Increase Rates'

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Zee Business Video Team |
Updated: January 20, 2023 08:44 am

The US market slipped again amidst volatility. The Dow Jones gave up its entire gain for the year. Dow fell 250 points for the third day in a row. At the same time, NASDAQ and Russell 2000 also declined by 1%. Fed’s Brainard said that, ‘there is a need to increase the rates further’. Moreover, 2 more members of Fed will also give speech. Netflix jumped 7% despite weak results. Today the figures of the sale of existing houses will come.