The three main US stock indexes recorded declines for the third consecutive session when they closed the opening session of the week on Monday, coinciding with the heightened fears and tensions of a possible conflict between Ukraine and Russia, after warnings from the United States, that the S&P 500 index recorded the largest percentage decline in three days since October From the year 2020, about 185 points, or 4%.
In confused statements by Ukrainian President Zelensky in the middle of the US session on Monday, he expressed on Facebook that Ukraine had learned that Wednesday would be the date of the attack by Russia, before his spokesman later retracted this statement, but after raising the state of concern in the markets.
On the other hand, bets with a stronger tightening of US monetary policy continue to put pressure on US markets, as bets rise by raising interest rates by half a point in the March meeting and raising the rate of raising to more than five times during the current year since the last inflation data to support the hikes in the yield on US Treasury bonds to their highest levels. In two years.
This supported the rises in the technology sector, the Nasdaq Composite Index, which closed flat, as Alphabet stock rose by about 0.93% at closing at levels of $2,710, while the shares of Amazon and Apple achieved gains by 1.22% and 0.14%, respectively.
Companies and financial institutions continue to disclose their financial results for the year 2021 and the fourth quarter of it, as the markets await a group of companies this week, such as Cisco, Nvidia, Shopify, Walmart and many others, as attached in the report.
The Dow Jones Industrial Average closed down by 171 points at the close at 34.566 levels, a loss of about 0.49%, and is now trading in the futures for today’s session, Wednesday, at 34.387 levels, down by 84 points.
While the S&P 500 index recorded declines at the close at 4.401 levels, down by 16 points or 0.38%, and it is now trading in futures at 4.386 levels, down by about 8 points.
While the Nasdaq index closed stable at levels of 13.790 points, and is now trading in the futures, down by about 10 points.