Hellenic News Portal Logo

Nervousness on Wall Street Persists Amid War Concerns

By Staff
Nervousness on Wall Street Persists Amid War Concerns
Share on:

Nervousness persists on Wall Street as geopolitical concerns and the impact of the war on the global economy continue to affect investors.

Despite the International Energy Agency's (IEA) decision to release strategic oil reserves, the market remains cautious. The price of U.S. crude oil exceeded $87, despite the approval of a release of 400 million barrels.

The Dow Jones fell 0.61% to 47,417 points and the S&P 500 lost 0.08% to 6,775 points, while the Nasdaq posted a marginal increase of 0.08% to 22,716 points.

Among the stocks that stood out were Oracle Corporation with a 9% jump, while Fair Isaac Corporation recorded losses.

Investors are awaiting Friday's data, which is expected to show a picture of more persistent inflation.