After another day of turbulence, the Dow and the S&P 500 both fell 0.7% and the tech-heavy Nasdaq composite declined 1.2%. The Nasdaq has fallen farthest of the three major U.S. stock indexes in 2022 to date, down 13.4% for the year as of Friday's close, while the S&P 500 is off 8.8% and the Dow is down 6.2%.
Inflation remains a key concern as companies continue facing supply-chain problems and higher costs, prompting warnings that operations will suffer through some or all of 2022. Video streaming company Roku slumped 22.5% after giving investors a weak revenue forecast and warning about persistent supply-chain problems.
Retailers and travel-related companies also lost ground. Amazon shed 0.6% and Royal Caribbean fell 1.1%
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan stocks set for opening fall as Russia-Ukraine tensions continue to rattle investorsThe ongoing Russia-Ukraine crisis is at a pivotal moment, with Kyiv accusing pro-Moscow separatists of attacking a village near the border.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks Fall For Second Week In A Row As Russia-Ukraine Tensions Weigh On MarketsStocks fall for a second week in a row as Russia-Ukraine tensions weigh on markets by skleb1234
Source: Forbes - 🏆 394. / 53 Read more »
What to watch today: Stocks set to drop as Russia-Ukraine situation gets muddy againU.S. stock futures dropped Thursday as NATO accused Russia of adding forces at the Ukraine border not reducing them.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks steady on hopes for diplomacy in UkraineU.S. stock futures bounced on Friday and selling pressure eased in Asian share markets after the U.S. Secretary of State agreed to a meeting with Russia's foreign minister, raising hopes for a diplomatic solution to the East-West standoff over Ukraine.
Source: Reuters - 🏆 2. / 97 Read more »
Fed Approves Rules Banning Its Officials From Trading Stocks, Bonds and Also CryptocurrenciesFed officials won’t be able to trade stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday.
Source: NBCDFW - 🏆 288. / 63 Read more »
Fed senior officials will soon not be allowed to trade crypto, stocks and bondsStarting on May 1, senior Federal Reserve officials already working at the agency would have one year to 'dispose of all impermissible holdings,' while new officials would have six months to do so. Yeah right. Nobody using a brain believes this crap. Every one of those people is insider trading, the biggest reason for systemic collapse, corruption YaSerge8 BreederDodo scam project❗ $Dodo scam shitcoin❗ BreederDodo scam project ❗ $Dodo scam shitcoin❗ China scam project BreederDodo scam project❗ $Dodo scam shitcoin❗ $DODO $VDODO $ONEDODO $DNA scam shitcoin❗ China scam project SECGov GaryGensler CFTC take action
Source: Cointelegraph - 🏆 562. / 51 Read more »