**Riddhi Siddhi Share Brokers Morning Action @ 7 AM – Monday, February 24th 2025** # In early action, this Friday, Gift Nifty is indicating a gap-down start for our stock markets amidst stagflation fears in the US. # The negative catalyst on the front pages: Wall Street drops in Friday's trade as Dow Jones index is now below President Donald Trump’s January 20th inauguration day levels. # Amidst this backdrop, Nifty is likely to trade with negative bias in today’s trade with a negative bias and probably, many a momentum stocks may make a beeline lower amidst President Donald Trump's latest tariff threats which continues to haunt investors. **RIDDHI SIDDHI SHARE BROKERS 7:00 AM GLOBAL UPDATE:** # GIFT Nifty 🇮🇳: (-113, 22680) # Dow Futures: (+122, 43551) # Nasdaq 100 Futures (+75, 21689) # Nikkei (Closed, 38777) # Hang Seng (-6, 23472) # Dow Jones (-749, 43428) # Nasdaq Composite (-438, 19524) # Bovespa (+222, 127531). **RIDDHI SIDDHI SHARE BROKERS WHAT HAPPENED AT WALL STREET IN FRIDAY’S TRADE:** # Wall Street tumbled in Friday’s trade as economic data raised concerns about a slowing US economy and persistent inflation, prompting investors to seek safer assets and most importantly, ended at its lowest close since Jan. 16th # So, Dow Jones is now below President Donald Trump’s January 20th inauguration day. # The street fears ‘stagflation’ is returning in the US. # The negative takeaway from Friday’s trade at Wall Street was that the Dow Jones Industrial Average posted its worst day of 2025 # Michigan's Consumer Sentiment Index showed consumer sentiment fell to 64.7 in February from 71.7 in January. It also reiterated a 15-month high in year-ahead inflation expectations (4.3%) and an uptick in the long-term inflation outlook, to 3.5% in February from January's 3.2%. # Also, dampening sentiments were President Donald Trump's latest tariff threats and parsed through the minutes from the January Fed meeting which indicated Fed officials worried about the impact of tariff and immigration policies from the new Trump administration on inflation. FOMC participants "continued to note elevated uncertainty regarding the scope, timing, and potential economic effects of possible changes to trade, immigration, fiscal, and regulatory policies,” # Fed Minutes were mostly seen reinforcing cautious approach to rate cuts this year. # COMEX Gold consolidates near $2937 per ounce. # WTI crude oil prices trades with negative bias near $70.37 per barrel. **Disclaimer/ Disclosure:** The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.