. Stocks rose, oil fell and investors turned away from gold and other traditional havens they favor when fear is high.where the benchmark index careened from a 2.6% loss to a gain of 1.5%. Other indices also gained on Friday, with the Dow rising 2.5% and the tech-heavy Nasdaq composite rising 1.6%.push up inflation,Such big swings are likely to continue in the hours and weeks ahead, with so much uncertainty not only about Ukraine but also about interest rates.
The economic reports could be enough to convince the Federal Reserve to hold off on raising short-term rates next month by double its usual increase, at least for now, said Brian Jacobsen, senior investment strategist at Allspring Global Investments. That's something some Fed officials had suggested, and it's something investors usually fear because higher rates put downward pressure on all kinds of investments. Whatever size it is, the rate increase would be the first since 2018.
"We're not going to do anything which causes an unintended disruption to the flow of energy, as the global economic recovery is still underway," Deputy National Economic Council Director Daleep Singh said Thursday.
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Stocks up, fear down on Wall Street despite Ukraine invasionSuch big swings are likely to continue in the hours and weeks ahead, with so much uncertainty not only about Ukraine but also about interest rates.
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