The market climate is tense in view of the major international crises before the start of the week, notes Handelsblatt. But there is a point that gives hope to investors, according to the same publication.
In fact, analysts and strategic stock analysts have been quite positive for the coming stock market week – but the situation in Ukraine is uncertain.
That had already pushed up prices over the weekend, also on US stock markets, according to Handelsblatt.
Due to the escalation of the conflict in Ukraine, investors on Wall Street sold risky stocks in favor of assets considered safe, such as government bonds or currencies such as the yen and the US dollar.
Strong inflation in the US also caused additional nervousness. The Dow Jones industrial average fell 1.4% recently, reaching 34,738 points.
After initially indicating that the Wall Street index would make a weekly profit, it finally recorded a decrease of 1%. The S&P 500 closed the day down 1.9% at 4418 points. The Nasdaq 100 technology index fell 3.1% to 14,253 points, recording losses of 3% for the week.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
