Shares of several companies in the streaming, gaming, social media sector, including Snap Inc (NYSE:SNAP), Meta Platforms Inc (NASDAQ:FB), Roblox Corp (NYSE:RBLX), Netflix Inc (NASDAQ:NFLX) and Roku Inc (NASDAQ:ROKU), are trading lower amid continued uncertainty from the Russia-Ukraine conflict which has weighed on stocks and economic sentiment.
As the Russia-Ukraine conflict persists, the SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) has fallen by 4.20% at $332.71 over the past month, the SPDR S&P 500 ETF Trust (NASDAQ:SPY) has lost 3.68% to $424.23 and the Invesco QQQ Trust Series 1 (NASDAQ:QQQ) has fallen by 5.39% to $328.35. Stocks have also suffered losses in early 2022 as investors react to US inflation data, Fed tapering outlook and a new 2-year high in the 10-year US Treasury yield.
