A sharp decline in US stocks at the close of trading on Friday, April 22, 2022

US stock indices tumbled, at the conclusion of the trading session Friday, April 22, 2022, the end of the week’s trading, with the continued release of corporate business results and concern regarding tightening monetary policy.

American indices in the Friday session, April 22, 2022

The Dow Jones Industrial Average experienced the largest daily decline in percentage terms since October 2020, amid the acceleration of inflation to its highest level in 40 years, to plunge by 2.8%, or 981 points, and close at 33,811 points, recording weekly losses of regarding 1.9%.

The broader “Standard & Poor’s 500” index fell by regarding 2.8%, or regarding 121 points, to record 4271 points.

The “Nasdaq” index was the worst performer, down 2.5%, or 335 points, at 12,839 points, recording a weekly loss of 3.8%.

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The performance of US stocks in the session Friday, April 22, 2022

Verizon stock fell 5.8% following the company reported a loss of 36,000 mobile subscriptions in the first quarter of this year, and Gap stock fell regarding 19% as Nancy Green plans to leave her position as CEO this week.

European and Japanese stocks in the session Friday, April 22, 2022

With regard to European markets, during Friday’s session, April 22, the European “Stoxx 600” index fell by 1.8%, or the equivalent of 8 points, at the level of 453 points, and the French “CAC” index fell by 2% by regarding 133 points, recording the level of 6581 points.

The German “DAX” index declined by 2.5%, by 360 points, at 14,142 points, and the British “FTSE 100” index declined by 1.4%, recording the level of 7,521 points.

In Japan, the “Nikkei” index fell by 1.6 percent, by regarding 447 points, to 27,105 points, and the broader “TOPIX” index fell by 1.2 percent, equivalent to 22 points, to record 1905 points.