Wall Street tries to recover from its worst session of the year and suffers from Russia-Ukraine tensions | Economy

Investors are also concerned about high inflation in the US, while conflicts in Eastern Europe are escalating in parallel.

Wall Street opened this Friday in the red and its main indicator, the Dow Jones Industrials, was down 0.06%, oscillating close to the flat line and trying to recover from the worst session of the year.

Ten minutes after the opening on the New York Stock Exchange, the Dow Jones it fell 20.59 points and stood at 34,291.44, while the selective S&P 500 fell 0.01% or 0.23 units, to 4,380.03.

The Composite Index Nasdaqwhich brings together the largest technology companies in the market, fell 0.29% or 39.90 integers, to 13,676.82.

The New York parquet was looking for the course this morning after registering the day before their biggest losses since last November due to the escalation of tension between Russia and Ukraine.

Apart from the geopolitical conflict in Eastern Europe, investors are also concerned about the strong inflation in the US and the tightening of monetary policy by the Federal Reserve.

The 10-year Treasury bond yield stood at 1.948%.

Corporate sectors were split between losses for energy companies (-0.71%), non-essential goods (-0.57%) and technology companies (-0.43%).

Gains were seen in basic materials (0.24%) and essential goods (0.21%) companies.

Among the thirty values ​​of the Dow Jones, the fall of 4.11% stood out after disclosing yesterday that it foresees some lower profit margins this year and a stabilization in the following.

Caterpillar (-0.97%), Goldman Sachs (-0.80%) and Dow Inc (-069%) and Boeing (-0.62%) also fell significantly.

In green were JPMorgan (1.39%), Walgreens (0.83%) and Verizon (0.63%), among others.

Outside of that group, Roku fell 23% after disappointing billing figures and weak business forecasts for this year.

In other markets, the Texas fell to 89.90 dollars a barrel; gold fell to $1,900.20 an ounce and the dollar strengthened against the dollar, with an exchange rate of 1.1349.

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