Power Breakfast: Huge Fall In US Market, Dow Jones closed after breaking 940 points, Amazon and Apple stocks slips

Zee Business Video Team | Updated: May 2, 2022 08:54 am

There are signs of weakness from the global markets. During Friday’s trading session, there was a huge fall in the US stock market, while the Nasdaq also lost 4 percent. Apart from this, there was a fierce beating in IT stocks and Dow Jones closed after breaking 940 points. The Nasdaq recorded its biggest fall for the month since 2008. Amazon’s stock fell 14 percent due to weak results, while Apple’s stock fell 3.7 percent after the results. Apart from this, the stock markets of Singapore, Hong Kong, China, UK and Russia will remain closed today. Talking about the Asian market, there is a decline here too. SGX Nifty is down by about 200 points and this index is trading with red mark.