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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    US indices end the year with the largest annual loss since 2008

    rocky
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    US indices end the year with the largest annual loss since 2008 Empty US indices end the year with the largest annual loss since 2008

    Post by rocky Sun 01 Jan 2023, 5:01 am

    US indices end the year with the largest annual loss since 2008

    US indices end the year with the largest annual loss since 2008 7909



    Arab and international
       




    Economy News - Baghdad
    In 2022, US stocks incurred sharp losses, which were driven by large increases in interest rates, with the aim of curbing inflation, and due to fears of recession and the Russian-Ukrainian war, as well as growing concern about the rise in cases of coronavirus in China.
    The three main indices on Wall Street recorded their first annual decline since 2018 as the era of easy monetary policy ended with the fastest rate hike by the US Federal Reserve since the 1980s.
    This also marks the largest annual drop for the indices since the 2008 financial crisis.
    Shares of “Apple”, “Alphabet”, “Microsoft”, “Amazon”, “Nvidia” and “Tesla” were among the biggest losers on the “Standard & Poor’s 500” index, as they fell by rates ranging between 28 and 66 percent. in 2022.
    On the other hand, energy stocks achieved a whopping 58 percent year-on-year gain with the rise in oil prices.
    According to the data, the “Standard & Poor’s 500” fell during the year 19.44 percent, the “Dow Jones” fell by 8.78 percent, and the “Nasdaq” composite index fell 33.1 percent, in the largest annual percentage point losses for the three indices since 2008.
    In Friday's trading, the "Standard & Poor's 500" index fell by 9.43 points, or 0.24 percent, to close at 3839.85 points, while the "Nasdaq" complex lost 11.05 points, or 0.11 percent, to 10467.74 points.
    The Dow Jones Industrial Average fell 70.47 points, or 0.21 percent, to 33,152.55.
     



    Views 118
    Added 12/31/2022 - 5:50 PM
    Updated 01/01/2023 - 12:27 PM
    https://economy-news.net/content.php?id=31617



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