Threat of invasion of Ukraine: jump in oil prices, diving on Wall Street
The Dow Jones industrial average fell nearly 1.5 percent, while the Nasdaq fell 2.78 percent.
Meanwhile, the price of oil has reached $ 94 a barrel, the highest in eight years: "It will exceed $ 100"
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11/02/2022
Friday, 11 February 2022, 23:11 Updated: 23:23
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Reports that Russia is expected to invade Ukraine in the coming days have not left Wall Street investors indifferent.
The Dow Jones industrial average fell 1.43 percent tonight, while Nasdaq dropped 2.78 percent.
Technology stocks, which are struggling to gain momentum, have fallen as Facebook continues the horrific February with a 3.74 percent drop.
Those who have benefited, of course, from the developments are the American air defense companies.
The Northrop Grumman aviation concern rose 4 percent and Lockheed Martin rose 2 percent.
More on Walla!
Report: Biden estimates that Putin has decided to invade Ukraine in the coming days
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Putin disturbs markets (Photo: Reuters)
The price of oil, however, has soared in the US to $ 94 a barrel - the highest in eight years. Analysts estimate that it is expected to rise further due to tensions. Economist Stephen Moore said he will cross the $ 100, which will increase the price of fuel In the US for more than $ 5 per gallon.
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