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Stock Market Volatility Continues: Dow Jones Closes Lower for Third Day in a Row

Dow Jones closes lower for third day in a row amid volatile trading Meanwhile, investors are keeping an eye on the release of the US PCE index for February on Friday. Find signs indicating the direction of inflation and Fed interest rates.

The Dow Jones Industrial Average closed at 39,282.33 points, down 31.31 points or -0.08%, the S&P 500 index closed at 5,203.58 points, down 14.61 points or -0.28%, and the Nasdaq index closed at 16,315.670 points, down or -687.2 points. %.

European stock market Closed positive at record high This was supported by a rise in banking stocks.

The STOXX 600 Index closed at 511.09 points, an increase of 1.23 points or +0.24%.

The CAC-40 index of the French stock market closed at 8,184.75 points, an increase of 33.15 points or +0.41%, the DAX index of the German stock market closed at 18,384.35 points, an increase of 123.04 points or +0.67%, and the FTSE 100 index of the market closed London stock at 7,930.96 points, up 13.39 points or +0.17%

London Stock Exchange Closed positive, supported by rise in retail stocks. As investors wait for key US inflation data to be released on Friday, Find signs pointing to the Fed’s interest rate bias

The London Stock Exchange FTSE 100 Index closed at 7,930.96 points, an increase of 13.39 points or +0.17%.

New York Market West Texas Crude Oil (WTI) contract Closed negative while investors keep an eye on the war between Russia and Ukraine. Including the tense situation in the Middle East. Assess how much of an impact it will have on oil supply in the world market.

The WTI crude oil contract will be delivered in May. fell 33 cents, or 0.4%, to close at $81.62 a barrel.

The Brent crude oil contract (BRENT) will be delivered in May. fell 50 cents, or 0.58%, to close at $86.25/barrel.

New York gold futures Closed positive, supported by falling US bond yields. Including the hope that the Fed will start cutting interest rates this year. Meanwhile, investors are keeping an eye on the release of the PCE index, which is inflation data to which the Fed attaches importance.

The COMEX (Commodity Exchange) gold contract will be introduced in April. Up 80 cents, or 0.04%, to close at $2,177.20/ounce.

Silver contracts for delivery in May fell 26.8 cents, or 1.08%, to close at $24.623/ounce.

Platinum contract to be delivered in July. Increased $1.70 or 0.18% to close at $920.70/oz.

Palladium contract to be delivered in June. it fell $10.20, or 1%, to close at $1003.10/ounce.

US Dollar It strengthened slightly against major currencies in trading on the New York Forex Exchange. Meanwhile, investors are keeping an eye on the release of the PCE index to assess the inflation trend and the Fed’s interest rate direction.

The dollar index, which measures the dollar’s movement against six major currencies, rose 0.06% to 104.293.

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