NEW YORK (dpa-AFX) – Recent concerns about a Russian invasion of Ukraine overshadowed trading on the US stock exchanges on Thursday. The reason is that the US government classifies the partial withdrawal of Russian troops from the border area with Ukraine as misinformation and warns against naivety in dealing with Russia. Instead, she assumes that the military presence will continue to expand. Russia reiterated its intention to withdraw its troops from Belarus after the end of the military maneuvers.
Der Dow Jones Industrial
lost 1.41 percent to 4412 points. For the tech-heavy Nasdaq 100
There is also little edifying in terms of the economy: the number of housing starts in January fell by a good four percent compared to December. The Philly Fed index, which measures business confidence in the Philadelphia area, came in below forecast in February. And the number of initial jobless claims has recently risen faster than economists had forecast.
Looking at the company’s quarterly reports, there were ups and downs. At the network supplier Cisco
Walmart
The graphics processor manufacturer Nvidia
The quarterly figures from the chip manufacturer Applied Materials were also good
The shares of the software provider and data analyst Palantir Technologies collapsed by a good twelve percent. Looking at the quarterly figures, the analysts at Citigroup stated that growth would continue to be weak.
The food delivery service Doordash
The papers of the conglomerate 3M were among the biggest losers in the Dow Jones Industrial
ISIN US2605661048 US6311011026 US78378X1072
AXC0386 2022-02-17/20:01
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