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๐ููุฑุณ ๐ ุชุนูู ุงููณูุฌููุฒูุฉ ู ุนูุง ๐ Telegram | DID YOU KNOW?
Fridayโs performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. READ MORE Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. โWe have a ton of uncertainty right now,โ said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. โWeโre dealing with a war, weโre dealing with inflation. We donโt know what it means to earnings.โ Apparently upbeat developments in Russia's discussions with Ukraine helped at least temporarily send investors back into risk assets. Russian President Vladimir Putin said during a meeting with his Belarusian counterpart Alexander Lukashenko that there were "certain positive developments" occurring in the talks with Ukraine, according to a transcript of their meeting. Putin added that discussions were happening "almost on a daily basis." 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 โ 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.
๐ููุฑุณ ๐ ุชุนูู ุงููณูุฌููุฒูุฉ ู ุนูุง ๐ from IT