Wall Street recovers after sharp fall and rises due to the impulse of technology

Wall Street recovers after sharp fall and rises due to the impulse of technology

The Dow Jones Industrial Average rose 0.2% to 34,429 points; the S&P 500 index gained 0.3% to 4,469.98 units; and the Nasdaq Composite improved 0.6% to 14,001.32 units.

On Wednesday, the main US indices closed with a sharp drop, up to 1.3%, as Western leaders met in Brussels to coordinate more pressure on Russia to stop the conflict in Ukraine. In response to Western sanctions that have hit the Russian economy hard, President Vladimir Putin said Moscow will seek to pay in rubles for natural gas sales to “unfriendly” countries, while its forces bombed parts of the capital. Ukrainian, kyiv, one month after the assault.

The stock market decline followed a series of gains in the market, which had recovered from lows reached amid the conflict, and growing concerns about inflation and rising interest rates.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts