Stocks tumble; oil, wheat prices soar after Russia invades Ukraine

  • 📰 ABC7
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 68%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Stocks tumble and oil, wheat prices soar after Russia invades Ukraine

On Wall Street, the S&P 500 sank 1.6% in early trading to continue its dismal start of the year. The benchmark is index is now down 13.5% from its record set early this year. Stocks in Europe sank even more after officials called Russia's moves a"brutal act of war," with the German DAX down nearly 5%.

Increases in energy and food prices could amplify worries about inflation, which in January hit its hottest level in the United States in a couple generations, and what the Federal Reserve will do in turn to rein it in. The Fed looks certain to remove the super-low interest rates that investors love, which also helped catapult financial markets and the economy out of their coronavirus-caused plunge. The only question has been how quickly and how aggressively the Fed will move.

The Nasdaq composite, which is full of big tech stocks, sank 1.5% and could close more than 20% below its record set on Nov. 19, 2021. If it does, that's something Wall Street calls a"bear market," something that hasn't happened for the Nasdaq since the coronavirus first crashed the global economy.Financial markets are in a"flight to safety and may have to price in slower growth" due to high energy costs, Chris Turner and Francesco Pesole of ING said in a report.

Some analysts expect the conflict to push investors out of many tech stocks, with the exception of the cybersecurity sector.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

All of a sudden

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 67. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Global Stocks Dive, Oil Prices Soar Early Thursday After Russian Action in UkraineBrent crude oil briefly jumped above $100 per barrel in London for the first time since 2014 on unease about possible disruption of supplies from Russia.
แหล่ง: nbcsandiego - 🏆 524. / 51 อ่านเพิ่มเติม »