{"id":125970,"date":"2022-03-11T20:21:02","date_gmt":"2022-03-11T20:21:02","guid":{"rendered":"https:\/\/fin2me.com\/?p=125970"},"modified":"2022-03-11T20:21:02","modified_gmt":"2022-03-11T20:21:02","slug":"corporate-exodus-from-russia-continues-and-us-stocks-feel-the-impact","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/corporate-exodus-from-russia-continues-and-us-stocks-feel-the-impact\/","title":{"rendered":"Corporate exodus from Russia continues and US stocks feel the impact"},"content":{"rendered":"
New York (CNN Business)<\/cite>Even with the pandemic, the stock market enjoyed gains in 2020 and 2021. But is the party on Wall Street over?<\/p>\n The Dow is on track to fall for the fifth straight week and was flat in midday trade. It’s down about 1% for the week and more than 8.5% so far this year. There’s a lot for investors to worry about. Even before Russia invaded Ukraine, inflation concerns dominated headlines for months. Surging oil prices after the invasion have made the situation worse.<\/p>\n Meanwhile, traders are grappling with the likelihood that the Federal Reserve will start raising rates later this month. While rates should remain fairly low, rates have been at zero for the past two years \u2014 so any increase will lead to higher borrowing costs, which will make mortgages and more loans more expensive. <\/p>\n
\nThe S&P 500 and Nasdaq \u2014 which were down 0.4% and 1.2% Friday and on track to drop about 2% this week \u2014 have fared even worse in 2022. The S&P 500 is down 11% this year while the Nasdaq is off 17%.<\/p>\n<\/ul>\n
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