indexes in this article
NEW YORK (dpa-AFX) – The fear of a military conflict in Ukraine and its consequences pushed the US stock exchanges to multi-month lows on Wednesday. An early recovery was quickly ended, in late trading the Dow Jones Industrial (Dow Jones 30 Industrial) fell to just under 33,085 points to its lowest level since April 2021. The leading index then crossed the finish line 1.38 percent lower at 33,131 .76 points. The round mark of 33,000 points is gradually coming into focus.
Cyber attacks against Ukraine and a report by the US magazine “Newsweek” that the US is warning of a military attack by Russia on Ukraine in the next 48 hours drove investors to flee. Added to this is the concern about rapidly rising commodity prices, which could have what it takes to further intensify the inflationary headwind that has been high for some time.
This background also drove investors to flee the broad stock market. The broad S&P 500 lost 1.84 percent to 4225.50 points down 1.84 percent. It also fell to its lowest level since June 2021, as did the technology-heavy NASDAQ 100, which ended up falling 2.60 percent to 13,509.43 points./tih/he
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