Live Update 
From the Liveblog of
Thursday, March 10, 2022
From the Liveblog of
Thursday, March 10, 2022
Ukraine jitters send Wall Street closing lower
Add ToI as a Preferred Source on GoogleMajor US stock indices finish today’s trading lower as fears of a protracted conflict in Ukraine that could harm the global economy sap traders’ enthusiasm.
IMF Managing Director Kristalina Georgieva warns the Washington-based crisis lender will downgrade its forecast for global growth this year due to the conflict, which has seen Western countries impose stiff sanctions on Russia in response to the invasion of its neighbor.
US government data also shows consumer prices rising at an annual pace not seen for more than 40 years in February, with housing, gasoline, and food costs increasing the most.
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