Stocks retreated as traders struggled to evaluate the risk of geopolitical tension in Ukraine and the impact of mounting inflation pressures on central bank policy.
The equity market resumed its decline after Tuesday’s rally, with technology companies leading losses in S&P 500. Facebook-owner Meta Platforms Inc. and streaming giant Netflix Inc. each tumbled at least 2.8%. The dollar retreated, while crude oil and gold pushed higher.
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February 16, 2022 at 05:21AM
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Stock Market Today: Dow, S&P Live Updates for Feb. 16, 2022 - Bloomberg
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