Wall Street closes in red, prisoner of uncertainty

The New York Stock Exchange ended in the red on Friday paralyzed by the uncertainty of the Ukraine crisis.

The Dow Jones indicator lost 0.68%, to 34,079.18 points, while the Nasdaq – which brings together the main technology companies – lost 1.23%, to 13,548.06 units, and the index that tracks the The performance of the 500 largest companies in the United States, the S&P 500 composite, fell 0.72% to 4,348.87 points.

Major New York stock indicators posted a second straight week of losses as “geopolitical concerns remain the main negative catalyst” on Wall Street, Schwab analysts wrote in a note.

“Given the downtrend we are in, it is very difficult to find buyers in the market,” said Maris Ogg, president of Tower Bridge Advisors.

However, clarifying that there is no panic, he explained that “you will not find many to buy.” It is that, and the fact that Wall Street is preparing for a long weekend due to the Monday holiday, which tends to limit position taking.

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