The Dow continues to fall today. Most recently, it sank more than 500 points amid fears the surge in oil prices caused by the crisis in Ukraine would boost inflation. and will affect economic expansion
At 11:44 p.m. Thai time, the Dow Jones Industrial Average stood at 33,079.97 points, minus 534.83 points or 1.59%.
Energy stocks rebound according to the increase in oil prices
U.S. Secretary of State Anthony Blingen said the United States and its allies were considering sanctions on oil and natural gas imports from Russia in response to a Russian attack on Ukraine.
Banking stocks fall Even the US government bond yield rose today.
Investors still keep an eye on the Ukrainian crisis. As Russia sends troops to invade Ukraine for the 12th day.
Recently, Kremlin spokesman Dmitry Peskov said Russia was ready to end its military action against Ukraine “immediately” if Ukraine complied with Russia’s conditions.
Mr Peskov described the conditions in detail today. This was the clearest revelation of Russia’s stance since Russia’s Feb. 24 military action against Ukraine.
Mr Peskov said that The conditions that Ukraine must comply with for Russia to cease its military operations are: 1) Ukraine must cease its military operations; 2) Ukraine must amend its constitution to lead it to neutrality. Ukraine must deny its intention to join any coalition 3) Ukraine must recognize Crimea as a territory of Russia 4) Ukraine must certify that the Donetsk People’s Republic and Luhran Nsk is an independent state.
Mr Peskov said If Ukraine accepts all four of these conditions, Russia will immediately cease its military operations against Ukraine.
The market is keeping an eye on the Consumer Price Index (CPI), a measure of inflation based on consumer spending. which will be revealed on Thursday Before the Federal Reserve (Fed) holds a monetary policy meeting on March 15-16, which will be its second meeting this year.
Fed Chairman Jerome Powell has signaled that the Fed will raise interest rates by 0.25% this month, not as intense as some analysts had expected a 0.50% increase.
