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The Dow Jones industrial average is on track for its fourth straight losing week

Dow Jones industrial average

The Dow Jones industrial average is on track for its fourth straight losing week.

The Ukrainian war and the Russian invasion continue, and experts believe it will take months or even years for both parties to compromise. However, the war is already having an impact on the US stock market, with the Dow Jones Industrial Average suffering the most.

The Dow Jones industrial average index fell for the fourth time in a row this week, and it fell another 300 points today. Other major industries suffered losses, including the Nasdaq composite, which fell 1.5%, and the S&P 500 index, which fell 1.1%. Things now have changed slightly from yesterday’s stock market reports. After a positive jobs report, investors held their breath for a little while and felt a better outlook, but the recent attack brought the fears to the surface.

According to recent news and various resources, Russian troops committed war crimes in Ukraine, targeting civilians and unarmed citizens. witness says that there was nuclear smoke in the skies of Ukraine. There were talks that Russian troops had invaded a nuclear power plant which is considered the largest in Europe.

The U.S president Biden had described the Russian president Vladimir Putin as a war crime, and there are talks of war crimes investigation in Ukraine. Energy prices have increased broadly after the news that the probability of high inflationary pressures has increased, and investors have

The global economy last year suffered from a massive shortage in supply and demand, and now it will face an even greater risk. Russia, the world’s second-largest natural gas and oil exporter, is facing economic sanctions. But since that, different energy sources have increased to a new high.

Today, as a result of recent events, investors are shifting their focus to more stable and less risky assets. Yet, there are some positive reports inside the U.S after all. The February job reports came in with outstanding figures that beat all expectations. In February, jobless claims fell to their lowest level of the year, and the unemployment rate fell by 3.8%. Plus, nonfarm payrolls jumped by 678,000 in February. Experts predicted that nonfarm payrolls would rise by 440.00 in February last month, but the results had many people optimistic.

Covid wages are decreasing across the U.S this will bring a certain advantage to the market, especially for business owners. Yet, it’s the increase in energy prices that remains a primary concern. On top of that, the Federal Reserve remains committed to its plan. Yet, there’s insurance that the first hike won’t be more than 25%.

In terms of what will happen in the next few weeks, experts are not sure of what to expect. The interest hikes and the Federal Reserve’s tightening policy may force the market to increase its loan values and credit interest. As for the labor market, it’s a slow process, but it’s recovering.

But the war may increase market volatility. Energy prices may force major companies to increase their prices and their productivity, which may put the market under massive pressure.

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Written by Editor

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