Power Breakfast: SGX Nifty, Asian Markets Trade In Red; Dow Jones Tanks Over 1000 Points Amid Jerome Powell's Remark

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Zee Business Video Team | Updated: August 29, 2022 08:56 am

Even today, there is a chaos in the global market after Friday’s heavy fall. Fed Chairman Jerome Powell’s statement on inflation has led to a fall in the market. Dow futures fell 300 points. SGX Nifty is down by 350 points. Japan’s Nikkei is down 3%, Korea 2%. Fed chairman said, it will take time to control inflation. The policy may remain restrictive for some time.