Power Breakfast: Global Markets Sluggish; Dow Jones Slips 200 Points, Twitter Sues Elon Musk

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Zee Business Video Team | Updated: July 13, 2022 08:54 am

There are signs of slowdown in the global markets. Dow Jones traded in the range of 500 points and closed down 200 points. Apart from this, the US market fell after a good start. The Nasdaq saw a decline of 1 percent. Energy stocks were the biggest losers. At the same time, Twitter has filed a lawsuit against Elon Musk. Despite good results and increasing guidance, Pepsi’s stock closed with a slide. At the same time, there has been an increase of 0.5 to 1 percent in the European markets.