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Official Rena Finance (ITS & RENA)
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The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI — soaring 7.9% over last year — underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. For tech stocks, “the main thing is yields,” Essaye said. 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. "The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into." 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.
Official Rena Finance (ITS & RENA) from ca
Official Rena Finance (ITS & RENA)Welcome to Rena’s official Telegram Chat!
Rena is DeFi’s first Volume-as-a-Service Protocol powered by $ITS and $Rena; governed by $rGOV (👁,👁)
Website: https://rena.finance
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Rena is DeFi’s first Volume-as-a-Service Protocol powered by $ITS and $Rena; governed by $rGOV (👁,👁)
Website: https://rena.finance
Discord: https://discord.gg/GVJEwzyueC
Twitter: https://twitter.com/rena_finance
Official Rena Finance (ITS & RENA)
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