March 12, 2022 – 07:21
The Dow closed down 229.88 points, while WTI oil rose $3.31, gold dropped to $1,9850 an ounce.
The atmosphere of investing in the US stock market last night (Mar 11) The Dow closed negative. It continues to be pressured by concerns about the conflict in Ukraine. While investors focus on the Federal Reserve’s (Fed) monetary policy meeting next week.
The Dow closed at 32,944.19 points, down 229.88 points or -0.69%.
The Nasdaq closed at 12,843.81 points, down 286.16 points, or -2.18%.
The S&P500 closed at 4,204.31 points, down 55.21 points or -1.30%.
New York’s West Texas Intermediate (WTI) crude futures closed higher on Friday. Because investors are worried about the oil supply disruption. Amid the conflict between Russia and Ukraine
WTI crude oil contract for delivery in April It rose $3.31, or 3.1%, at $109.33 a barrel.
Brent crude oil contract (BRENT) for delivery in May. It rose $3.34, or 3.1%, at $112.67 a barrel.
The COMEX (Commodity Exchange) gold contract will be delivered in April. It was down $15.40, or 0.77%, at $1,9850/ounce.
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