It was the worst year for Wall Street in 14 years
20:24
The year 2022 turned out to be the worst for US stock markets since 2008. Russia's aggression against Ukraine, inflation and higher interest rates caused major U.S. stock indexes to score their biggest declines in 14 years. After such a tumultuous year, investors are looking anxiously to 2023. They point out that there are no signs of an end to the war in Ukraine on the horizon, and China's strict zero covid policy is being revised after three years, fostering heightened uncertainty.
In 2022, the Dow Jones lost 8.6 percent, while the S&P 500 lost 19.2 percent. The Nasdaq fared worst, falling 33 percent.
