War in e Affected U.S. Stocks

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War in e Affected U.S. Stocks

War in e Affected U.S. Stocks 

It was not an easy day for U.S. stocks. They fell on Tuesday, with the Dow Jones Industrial Average showing the sharpest decline, as the n Federation stepped up attacks against e and warned it would begin "high-precision strikes" on the country's capital.

On Monday, the first trading day after Western countries started to block access to some n banks to the SWIFT messaging system, the Dow Jones Industrial Average dropped 166 points or 0.5%. Meanwhile, the S&P 500 dell 0.2%, and the Nasdaq Composite added 0.4%.

It is worth noting that n stocks Yandex, Ozon Holdings, and HeadHunter Group recorded double-digit declines in premarket activity on Monday before trading was halted for all three companies on pending news. 

Yandex fell more than 21% before the halt, while Ozon and HeadHunter were down almost 19% and 15.5%, respectively. 

U.S. stocks on Tuesday 

U.S. stocks declined after on Tuesday stepped up its shelling of Kharkiv, e's second-largest city. Unfortunately, there wasn't any tangible progress made in cease-fire talks between  and e hear near the ian border with Belarus on Monday.

American Express Co. led the Dow Jones Industrial Average's decline on Tuesday with an 8.5% drop while JPMorgan Chase & Co. fell about 3.8%. On Tuesday, Goldman Sachs Group Inc. dropped 3.3%.

Shares of Target Corp. jumped 9.8%. Its shares jumped 9.84% after the company delivered a better-than-expected fourth-quarter profit and offered upbeat guidance, offsetting a revenue miss.

Zoom Video Communications Inc. of a big slowdown in sales growth in 2022. The company said it would spend big for futures opportunities. It also announced a plan to repurchase $1 billion in stock. The company's shares fell 7.4%. 

On Tuesday, shares of Workday Inc. gained 4.9% after the company surpassed estimates for the quarter and forecast a subscription revenue range that exceeded the Wall Street consensus. 

 

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