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And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Continuing its crackdown against entities allegedly involved in a front-running scam using messaging app Telegram, Sebi on Thursday carried out search and seizure operations at the premises of eight entities in multiple locations across the country. "The inflation fire was already hot and now with war-driven inflation added to the mix, it will grow even hotter, setting off a scramble by the world’s central banks to pull back their stimulus earlier than expected," Chris Rupkey, chief economist at FWDBONDS, wrote in an email. "A spike in inflation rates has preceded economic recessions historically and this time prices have soared to levels that once again pose a threat to growth." The S&P 500 fell 1.3% to 4,204.36, and the Dow Jones Industrial Average was down 0.7% to 32,943.33. The Dow posted a fifth straight weekly loss — its longest losing streak since 2019. The Nasdaq Composite tumbled 2.2% to 12,843.81. Though all three indexes opened in the green, stocks took a turn after a new report showed U.S. consumer sentiment deteriorated more than expected in early March as consumers' inflation expectations soared to the highest since 1981. But the Ukraine Crisis Media Center's Tsekhanovska points out that communications are often down in zones most affected by the war, making this sort of cross-referencing a luxury many cannot afford.
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𝑼𝑵𝑰𝑽𝑬𝑹𝑺 𝑷𝑹𝑶™ℂ𝔸ℕ𝔸𝕃 𝕆𝔽𝔽𝕀ℂ𝕀𝔼𝕃 𝕌ℕ𝕀𝕍𝔼ℝ𝕊ℙℝ𝕆 ℙ𝕆𝕌ℝ ℙ𝔸ℝ𝕀𝔼ℝ 𝕊𝔼ℝ𝕀𝔼𝕌𝕊𝔼𝕄𝔼ℕ𝕋, ℙℝ𝕆𝔽𝔼𝕊𝕊𝕀𝕆ℕℕ𝔼𝕃𝕃𝔼𝕄𝔼ℕ𝕋 𝔼𝕋 𝔾ℝ𝔸𝕋𝕌𝕀𝕋𝔼𝕄𝔼ℕ𝕋. ℝ𝔼𝕁𝕆𝕀𝔾ℕ𝔼ℤ 𝕍𝕀𝕋𝔼 𝕃𝔼 ℂ𝔼ℝℂ𝕃𝔼
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