The Dow Jones rose by 0.52%, the S&P 500 rose by 0.40%, the NASDAQ showed an increase of 0.30%.
Key indices on the New York Stock Exchange at the beginning of the trading session on Thursday rose by 0.3-0.5%, demonstrating positive dynamics for the second time in a week against the background of the situation around Ukraine.
According to the data posted on the trading platform’s website, in the first minutes of trading, the Dow Jones industrial index rose by 0.52%. The S&P 500 index rose 0.40%. The NASDAQ electronic exchange index showed an increase of 0.30%.
Despite the positive dynamics for the second day in a row, experts expect that rising energy prices will lead to higher inflation and higher rates of return on government securities by central banks, which will reduce interest in buying shares of private companies. “Inflation will be more stable. Interest rates will be raised by central banks that will be concerned about inflation, and this is bad for growth,” the Wall Street Journal newspaper quotes Edward Park, responsible for investments in Brooks Macdonald.
The price of futures for WTI crude oil on Thursday morning fell for the first time in a week, to $ 109.38 per barrel.