Dow drops 39 points Oil grows on tight supply concerns Gold closes highest in 5 weeks

Dow drops 39 points Oil grows on tight supply concerns Gold closes highest in 5 weeks

Date 19 Apr 2022 time 06:25 a.m.

Dow Jones shares closed -39.54 at 34,411.69 points, gold increased 11.50. Dollar closed $1,986.40, oil up $1.26 to close at $108.21.

The Dow Jones Industrial Average closed on Monday, falling in a narrow range of 39 points as investors eyed earnings releases of listed companies once morest Russia’s invasion of Ukraine. that may affect the growth of the world economy

The Dow Jones Industrial Average fell 39.54 points, or 0.11%, to 34,411.69, the S&P 500 was down 0.90, or 0.02%, at 4,391.69, and the Nasdaq was down 18.72, or 0.14%, at 13,332.36.

Concerns regarding economic growth and the Russian-Ukrainian war Fluttering Inflation encourage investors to turn to low-risk assets And pushing gold prices to close to the highest in five weeks, Comex gold prices for June delivery rose $11.50 to close at $1,986.40 an ounce.

Oil prices rose on Monday (18 Apr) problems in Libya. Exacerbating concerns regarding tight supply amid Ukraine crisis Conflict between Kiev and Moscow continues to drag down the All Streets. while gold hits its highest level in 5 weeks

West Texas Crude Oil Contract Intermedia or light sweets For May delivery was up $1.26 to close at $108.21 a barrel. Brent North Sea London For June delivery was up $1.46 to close at $113.16 a barrel.

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