WEST READIES ITSELF FOR COMPLETE TAKEOVER OF RUSSIA - US stocks crater as the Dow sheds 939 points and Nasdaq notches its worst month since 2008

This are last days when Russia still has chance for talks with Ukraine separate from total disaster which is about to strike eastern Europe - complete take-down of entire eastern Europe through Russia...

Susan Oreman built her wealth MOSTLY with clients from London - and something little also by managing Trump's fund...money lost on Dow/Nasdaq etc. is money ready to enter Moscow via NATO intervention....yes, there will be not only a recession for money to go wherever government needs one - but also pollution, but wealthy(top 1%) portion of Western population will profit from within...

I do NOT see USA/UK/Germany and others as partner of any kind, but rather as criminal bruts which plunder world without any ethics for wealthy few and its 卐 卍 agenda...Ukraine is just a casualty of "friend in need is a friend indeed"(and the insanest individual in the world - Putin) motto....Putin doesn't get USSR is gone yes, but you are far worse than what USSR was - this war, however, 100% is not my war....

From https://www.yahoo.com/finance/news/us-stocks-crater-dow-sheds-202007420.html

Phil Rosen
Fri, April 29, 2022, 10:20 PM

Traders have been rocked by volatility in 2022.Scott Heins/Getty Images

• US stocks plunged Friday to cap off a losing month for each of the major indexes.

• The tech-heavy Nasdaq wrapped up its worst-performing month since 2008.

• Russia's central bank warned that sanctions would crash its economy and inflation will surge.

US stocks fell Friday, as each of the three major indexes capped off losing months. The tech-heavy Nasdaq closed out its worst-performing month since 2008, shedding more than 3% for the day as investors fled the e-commerce giant after downbeat earnings.

"Some investors may be hoping for May flowers after these April showers, but historical tendencies suggest bulls should remain vigilant — down Aprils tend to be followed by down Mays," Chris Larkin, Managing Director of Trading at E*Trade said. "And on top of that, May's average return is even worse when the SPX is red for the year heading into the month."

Mixed tech earnings have weighed heavily on investors, as many pandemic winners begin to deflate in the face of tighter monetary policy from the Federal Reserve. The Federal Open Market Committee is set to meet next Tuesday and Wednesday. It is widely expected that the central bank will hike rates by 50 basis points, with markets also pricing in a chance of a 75 basis point hike at the June meeting.

Here's where US indexes stood at the market close at 4:00 p.m. on Friday:

• S&P 500: 4,131.76, down 3.63%

• Dow Jones Industrial Average: 32,978.52, down 2.77% (937.87 points)

• Nasdaq Composite: 12,334.64, down 4.17%

Bank of America trimmed its S&P 500 forecast from 4,600 to 4,500, and its analysts said markets are pricing in a one-in-three chance the US economy will enter a recession.

Cathie Wood's Ark Innovation, is about to cap off its worst month ever, with a 29% decline in April. That puts Wood's flagship fund roughly 70% below its record-high in 2021 when pandemic stars like Zoom and Teladoc were surging.

In Europe, nations are scrambling to ditch Russian oil but energy firm Vortexa said the US is shaping up to fill that gap. "The US will rank highly, that's natural, given its size, and its proximity and also the crude quality," Vortexa's chief economist said.

Meanwhile, Russia's Finance Ministry said it made a dollar bond payment to Citibank Friday, ahead of its 30-day grace period deadline on May 4. If the payment is processed successfully, Russia would avoid a historic default.

Still, Russia's economy continues to reel. The central bank cut interest rates again Friday, and warned that the economy will crash amid sanctions and soaring inflation.

Oil traded mixed, with West Texas Intermediate down 1.26% to $104.03 a barrel. Brent crude, the international benchmark, rose 1.68% to $109.40 a barrel.

Gold rose 0.56% to 1,901.10 per ounce. The 10-year yield climbed 3.8 basis points to 2.901%.

Bitcoin fell 4.18% to $38.385.68.