The Dow sank more than 400 points today, as investors are worried regarding the escalating intensity of fighting between Russian and Ukrainian forces. And such factors have overshadowed the higher-than-expected employment numbers.
At 9:46 p.m. Thai time, the Dow Jones Industrial Average was at 33,368.20, minus 426.46 points or 1.26%.
Energy stocks surged once morest the market. Response to rising oil prices
The Dow is down 0.9% since the start of the week. It is trending down for the fourth straight week, while the S&P 500 is down 0.5% and the Nasdaq is down more than 1%.
Investors are still keeping an eye on the crisis in Ukraine. After reports of an attack on a nuclear power plant in Ukraine
However, Rafael Mariano Grossi, director of the International Atomic Energy Agency (IAEA), said the reactors of the Zaporizhia nuclear power plant in Ukraine It was not damaged by a Russian attack. and no radioactive leaks in any way
The Zaporizhia Nuclear Power Plant is the largest nuclear power plant in Europe.
Mr Rossi said Russian forces fired missiles at a training facility. But the building containing the nuclear reactors was not attacked.
In addition, Mr Rossi also revealed that Russian soldiers have taken over the nuclear plant. But still let Ukrainian officials continue to work on the power plant.
The US Department of Labor said Non-farm payrolls rose 678,000 in February. That was 440,000 above analysts’ forecasts.
The unemployment rate fell to 3.8%, below analysts’ forecast of 3.9 percent.
The US Department of Labor has also revised employment numbers in January. It was adjusted to 481,000 jobs from the previously reported 467,000 jobs and adjusted the number of jobs in December. It rose to 588,000 from the previously reported 510,000 increase.
