Stocks tumble as Ukraine war overshadows robust jobs report

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Investors unnerved after Russian shelling causes fire at Europe's largest nuclear plant.

before taking control of the facility. A fire at Europe's largest nuclear plant caused by the shelling raised worries about what's next.

Such concerns helped drag the Dow Jones Industrial Average down 180 points, or 0.5%, to 33,614. The Nasdaq composite fell nearly 2%.

 

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Did this fool also say inflation was only temporary

Haha yeah right. Petroleum is in so many other products.

Right cause that just isn’t a big deal at all….. 🙄

Of course, the cost of oil impacts most products and services.

Oil prices just effect the price of virtually everything else.

Basically Ukraine can be destroyed and it doesn't affect us one bit..

It’s nice to know that the increased cost to operate cargo ships, trains, trucks, aircraft, and tractors will have no effect on the price of everything else.

“Chief US Economist” 🤦‍♂️

Losing brain cells

Without evidence Ashworth says this.

That’s everything.

Inflation was already major under Biden's failing policies. These elites have been fleecing the ordinary people with their QE programmes.

Oil impacts the price of everything else ffs

Uh, higher oil & gas prices tend to increase shipping/transportation costs, which then impacts food, clothing, building supplies, etc. All reasons why the US needs to decrease reliance on fossil fuels (and would have done so a long time ago if not for the gop (& Sen_JoeManchin)

Oil drives every aspect of life idiots.

Oh dear.....what shortsightedness. The world is now set to be divided into Petro-dollar WEST system & gold/yuan EAST system, exactly what China wanted after SWIFT ban on Russia. Millions of refugees with NATO enforced abject poverty for Ukrainians & Russians via heavy sanctions

It’s also not the cause of rising fuel prices…

So inflation will continue to rise regardless of Ukraine? Lol great message.

Thank god oil has such little effect on inflation then...it would suck if it did.

So the fertilizer and wheat exports won’t be impacted?

It takes oil to move everything. so if it cost more to move everything, what happens to the price of everything

The rest of the impact will be solely on Biden!

Ukrainian refugees what about the spread of COVID. Who paying for that?.

Ban Islam

This is really scary.

Sorry to hear “investors” are bothered by a country being razed

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