U.S. stock indices ended trading on Friday with multidirectional dynamics, but grew for the second week in a row.

The situation on stock markets in the world remains unstable. “The longer the conflict continues, the more inflationary pressures increase and the potential for economic growth decreases. This creates more uncertainty,” said Fahad Kamal, head of investments at Kleinwort Hambros. He believes the recent rebound in the US stock market is not only due to investors buying up stocks on the dip, but also due to the country’s high inflation rate. “Any time there is a significant downturn in the market, cash starts flowing into the market. At the same time, when you have 8% inflation, the money loses value and you need to put it somewhere,” Kamal noted.

The Dow Jones Industrial Average index rose 153.3 points (0.44%) to 34861.24 points by the close of trading on Friday.

The Standard & Poor’s 500 rose 22.9 points (0.51%) to 4,543.06 points.

The Nasdaq Composite, meanwhile, fell 22.54 points (0.16%) to 14169.30 points.

Video streaming service Netflix Inc (NASDAQ:NFLX). has acquired video game maker Boss Fight Entertainment amid a push for a new source of revenue in the gaming industry. Financial terms of the deal were not disclosed. Netflix share prices fell by 0.5%.

Southwest Airlines Co (NYSE:LUV). will add a new, fourth ticket category that could help attract passengers and boost the carrier’s revenue. Shares of the airline carrier were up 1.05%.

Software developer Salesforce.com (NYSE:CRM) Inc. will change its name to Salesforce Inc. effective April 4. The company’s shares will continue to trade on the New York Stock Exchange under the ticker symbol “CRM.” Salesforce’s capitalization fell 1.4%.

Home goods chain Bed Bath & Beyond signed a partnership agreement with entrepreneur and investor Ryan Cohen and his company RC Ventures, which owns a 9.8% stake in Bed Bath & Beyond. The company’s value rose 2.2%.

Quotes of Switch Inc. shares fell by 2.3% after analysts at Wells Fargo (NYSE:WFC) Securities downgraded the recommendation for the company’s securities to “at market level” from “above market”. Fortinet Inc. securities, which operates in the cybersecurity sector, lost almost 1% in price on the news that Bank of America (NYSE:BAC) Securities experts downgraded their recommendation to “neutral” from “buy”.

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