Stocks close down for the week as investors keep wary eye on Ukraine and Fed

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Markets were volatile all week as investors watch the latest developments in Ukraine, where Russia has been amassing troops on the border.

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%

 

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