The rising price of oil, which increases inflationary expectations, does not benefit the markets too much either. Black gold is at its highest level since October. In the end, the main S&P 500 index wrote off less than 38 points (-0.72%; 5,205.81 b.). However, the worst was the Russell 2000 index (-1.8%) including smaller companies more sensitive to the development of interest rates.
Technologies dragged down shares of spol. Tesla Motors (-4.9%; $166.63) in response to lower 1Q EV shipments. The flight to safety was seen in gold (+1.25%; $2,280), which climbed to new all-time highs.
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Tags: Wall Street slight growth embarrassing start earnings season #4Q22 markets today
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