The Big Winner in Friday's Stock Market Swoon
Friday brought continued worries about the macroeconomic climate to Wall Street, as high levels of inflation coincided with rising geopolitical tension from Ukraine facing an imminent threat of invasion from Russia. Market sentiment seemed guarded, with investors fleeing stocks and boosting the bond market to bring 10-year Treasury yields back down below the 2% mark. By the end of the session, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all suffered sizable declines.
Index
Daily Percentage Change
Source Fool.com