Dusseldorf The stock markets in the USA have reacted to the increasing tensions between Russia and Ukraine with price losses: On Wall Street, the leading index Dow Jones closed 1.4 percent in the red on Friday, the market-wide S&P 500 lost 1.9 percent and the Nasdaq technology index 3.1 percent. The trigger for the losses is a possible imminent invasion of Russian troops in Ukraine.
“The news from Russia and Ukraine is another blow to markets already rocked by stubborn inflation numbers and extremely aggressive statements from the US Federal Reserve,” Cliff Hodge, chief investment officer at Cornerstone Wealth, told the financial service Bloomberg. “We could have a bigger downside risk in the coming weeks.”
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