Power Breakfast: US Market Extends Gain Ahead Of Inflation Data; Dow Jones Gains 230 Points, Apple Stock Jumps 4%

This post was originally published on this site

Zee Business Video Team | Updated: September 13, 2022 09:00 am

US markets rose for the fourth consecutive day ahead of the inflation data coming today. Dow Jones climbed 230 points to close at 32,381 points. On the other hand, Nasdaq jumped 150 points and closed at the day’s high. KOSPI gained 51 points, while SGX Nifty is trading with a gain of 110 points. At the same time, Apple stocks surged 4%. Apart from this, a rise of 1-1.5% was seen in Europe markets. In August, the US inflation rate is expected to come down from 8.5% to 8.1%. Crude oil remains at $93 due to supply concerns.