More than 200 points were shed by Dow on Friday, causing stocks to fall for two consecutive weeks as Russia-Ukraine tensions disrupt market stability.

More than 200 points were shed by Dow on Friday, causing stocks to fall for two consecutive weeks as Russia-Ukraine tensions disrupt market stability.
More than 200 points were shed by Dow on Friday, causing stocks to fall for two consecutive weeks as Russia-Ukraine tensions disrupt market stability.

The Russia-Ukraine conflict caused U.S. stock indexes to fall on Friday, resulting in a second consecutive week of losses.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all experienced losses, with the Dow shedding 232.85 points, the S&P 500 losing 0.7%, and the Nasdaq Composite retreating 1.2%.

The indexes each lost more than 1% this week.

The ongoing tensions between Russia and Ukraine continue to impact market action. According to the Wall Street Journal, U.S. officials anticipate an attack from Russia in the near future. President Biden is reportedly planning to deploy more U.S. troops to Ukraine, as per NBC News.

On Thursday, Antony Blinken, the Secretary of State, cautioned the United Nations about the current critical juncture.

According to Oanda's Edward Moya, investors are struggling to maintain risk as the possibility of a conflict between the West and Russia increases, and Wall Street will remain uncertain until there is a significant de-escalation.

Trillions of dollars in options and futures on stocks, indexes, and ETFs were set to expire on Friday, causing the market to be particularly volatile. Option expiration days, which usually take place on the third Friday of the month, can cause the market to fluctuate significantly as these positions are settled.

On Friday, the price of WTI crude oil and natural gas decreased, causing energy stocks to relax. Schlumberger experienced a 2.2% loss, while Devon Energy saw a nearly 1% decline.

On the Dow, Intel was the largest decliner, with a 5.3% drop. Bank of America maintained its underperform rating for the stock.

The video-streaming company's revenue miss and weaker-than-expected guidance caused shares to drop 22.3%.

St. Louis Fed President James Bullard, who had previously advocated for aggressive action, cautioned that inflation could spiral out of control without rate increases.

John Williams, President of the New York Fed, stated on Friday that there was no immediate need for a significant move, but the central bank may choose to accelerate later.

According to Rich Bernstein, CEO of Richard Bernstein Advisors, inflation is the main concern in geopolitics, the labor market, and supply disruptions, as indicated by various factors.

by Hannah Miao

markets