Stocks extended declines today and oil prices soared as investors nervously considered the potential for even higher inflation and greater global economic damage from Russia’s war in Ukraine and sanctions that have ensued.
Dow Jones finished -797 at 32,817
S&P 500 finished -128 at 4,201
NASDAQ finished -482 at 12,830
The 10 Year Treasury closed up 6 basis points yielding 1.78%
Oil prices closed up $4.45 ending at $120.13 a barrel.
Gold prices closed up $35.00 ending at $2,001 an ounce.
In the days’ stock news:
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