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Dow sheds 400 points to start the week as U.S., Europe increase sanctions on Russia

Tiger Newspress2022-02-28

U.S. stocks retreated on Monday morning as Russian and Ukraine officials gathered to discuss a potential end to the hostilities between the two sides.

The Dow Jones Industrial Average dropped 450 points, or about 1.4%. The S&P 500 fell 1.3% and the Nasdaq Composite lost about 1%.

In U.S. trading, defense stocks like Lockheed Martin and Northrop Grumman rose about 2%. Bank stocks were under pressure, with JPMorgan falling 2.8%.

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Comment43

  • KH321
    ·2022-03-01
    OK 
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  • Winnie4874
    ·2022-03-01
    Like pls 
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  • WaiSiong81
    ·2022-03-01
    👍
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  • lappiloco
    ·2022-03-01
    Stocks are ded
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  • PeterLim007
    ·2022-03-01
    Please give a like 👍. Thank you 🙏. 
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  • robot1234
    ·2022-03-01
    Last year, US stock indices hit numerous ATH due to massive QE and zero interest rate. Now these steroid strategy is coming back to bite the US economy.Inflation is at 7.5%, highest since 1982 due to unlimited printing of money. The FED will be forced to terminate its zero interest rate regime, and to trim her massive $9 trillion balance sheet. The Ukraine crisis and trade disruption and sanctions will throw another spanner at the Biden Administration.
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  • time to eat
    ·2022-03-01
    Just buy
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  • KSHoSG
    ·2022-03-01
    [Thinking] 
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  • PearlynCSY
    ·2022-03-01
    Monday marked the final trading day of February. The Dow lost 3.5% in February. The S&P 500 and Nasdaq fell 3.1% and 3.4%, respectively, this month. More volatility and downside risk to be expected after massive QE and ultra loose monetary policy under the ex Trump and current Biden Administration
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  • Bodoh
    ·2022-03-01
    Ok more on Tuesday 
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  • Phie
    ·2022-03-01
    Nice. Please like 🤗
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  • Nasbhai
    ·2022-03-01
    Will dip even more before surging. It's planned. 
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  • ramius75
    ·2022-03-01
    😓😓
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  • andrew123
    ·2022-03-01
    Like 
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  • aden53
    ·2022-03-01
    Like
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  • Kelvinphan
    ·2022-03-01
    Pls like
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  • Success88
    ·2022-03-01
    Ok
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  • stylus
    ·2022-03-01
    Hmm... 
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  • Tall Guy
    ·2022-03-01
    Volatile times always present opportunities. 危機 - 有危險就有機會。
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  • muiee
    ·2022-03-01
    Wild swing continue for stocks and indices. But for ‌$S&P 500(.SPX)$‌the swings resulted in it barely moved just down 0.24% from Friday move. Go figure ‌[你懂的] 
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